i have been trying to solve this problem for 2 hours. i think i keep getting steps mixed up and its causing me to get lost in numbers and starting fresh with no progress. here is the question:
a department store chain has up to $20,000 to spend on television advertising for a sale. all ads with be placed with one television station where a 30-sec ad costs $1000 on daytime tv and is viewed by 14,000 potential customers, $2,000 on prime-time tv and is viewed by 24,000 potential customers, and $1,500 on late--night tv and is viewed by 18,000 potential customers. The television station will not accept a total of more than 15 ads in all three time periods.
How many ads should be placed in each time period in order to maximize the number of potential customers will see the ads? How many potential customers will see the ads?(Ignore repeated viewings of the ad by the same potential customer.) Include an interpretation of any nonzero slack variables in the optimal solution.
I have given up hope with this one so if someone could help me i would GREATLY appreciate it!!!! thank you!!!!
a department store chain has up to $20,000 to spend on television advertising for a sale. all ads with be placed with one television station where a 30-sec ad costs $1000 on daytime tv and is viewed by 14,000 potential customers, $2,000 on prime-time tv and is viewed by 24,000 potential customers, and $1,500 on late--night tv and is viewed by 18,000 potential customers. The television station will not accept a total of more than 15 ads in all three time periods.
How many ads should be placed in each time period in order to maximize the number of potential customers will see the ads? How many potential customers will see the ads?(Ignore repeated viewings of the ad by the same potential customer.) Include an interpretation of any nonzero slack variables in the optimal solution.
I have given up hope with this one so if someone could help me i would GREATLY appreciate it!!!! thank you!!!!