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A hardware store will run an advertising campaign using radio and newspaper. Every dollar spent on...

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Advance Math

A hardware store will run an advertising campaign using radioand newspaper. Every dollar spent on radio advertising will reach60 people in the "Under $35,000" market, and 60 people in the "Over$35,000" market. Every dollar spent on newspaper advertising willreach 100 people in the "Under $35,000" market, and 20 people inthe "Over $35,000" market. If the store wants to reach at least210,000 people in the "Under $35,000" market and 240,000 people inthe "Over $35,000" market, how much should it spend on each type ofadvertising to minimize the cost?

Minimum amount spent on advertising (in dollars):

Dollars spent on radio advertising

Dollars spent on newspaper advertising

Answer & Explanation Solved by verified expert
3.7 Ratings (606 Votes)
We will solve over problem by simplex method as follows Let x1 dollar spent on radio Advertisment    See Answer
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