A company is considering various advertising media to promote its new toy.Pertinent information regarding potential customers reached and costs per advertisement is given below:
Currently,the company has a monthly advertising budget of $150,000.The marketing department has imposed the following restrictions:
•No more than $20,000 may be spent on radio advertising each month.
•At least 5 TV ads must be used each month.
Use Excel to formulate and solve this problem to maximize monthly audience exposure.
Correct Answer:
Verified
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