Cedar Point amusement park management is preparing the parks
Cedar Point amusement park management is preparing the park\'s annual promotional plan for the coming season. Several advertising alternatives exist: newspaper, television, radio, and displays at recreational shows. The information below shows the characteristics associated with each of the advertising alternatives, as well as the maximum number of placements available in each medium. The following table provides the relevant data.
Let X1 = number of newspaper placements, X2 = number of television placements, X3 = number of radio placements, X4 = number of recreational shows Given an advertising budget of $250,000, how many placements should be made in each medium to maximize total audience exposure? What would be the objective function in this problem?
1500X1 + 2200X2 + 750X3 + 150X4 ? 250000
Minimize 1500X1 + 2200X2 + 750X3 + 150X4
Maximize 80X1 + 120X2 + 45X3 + 10X4
Maximize 100X1 + 50X2 + 50X3 + 3X4
| 1500X1 + 2200X2 + 750X3 + 150X4 ? 250000 | ||
| Minimize 1500X1 + 2200X2 + 750X3 + 150X4 | ||
| Maximize 80X1 + 120X2 + 45X3 + 10X4 | ||
| Maximize 100X1 + 50X2 + 50X3 + 3X4 |
Solution
Let X1 = number of newspaper placements
X2 = number of television placements
X3 = number of radio placements
X4 = number of recreational
shows
Maximize 80X1 + 120X2 + 45X3 + 10X4
Subject to: 1500X1 + 2200X2 + 750X3 + 150X4 250000
X1 100
X2 50
X3 50
X4 3
X1, X2, X3, X4 0
