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The marketing manager for Mountain Mist soda needs to decide how many TV spots and magazine ads to run during the next quarter. Each TV spot costs $5000 and is expected to increase sales by 300,000 cans. Each magazine ad costs $2,000 and is expected to increase sales by 500,000 cans. A total of $100,000 may be spent on TV and magazine ads; however, Mountain Mist wants to spend on more than $70,000 on TV spots and no more than $50,000 on magazine ads. Mountain Mist earns a profit of $0.05 on each can it sells.
a. Formulate an LP model for this problem.
b. Sketch the feasible region for this model.
c. Find the optimal solution to the problem using level curves.
Identify and discuss some of the other factors that influenced the growth of social media. To get you started and pointed in the right direction, consider how the use of digital cameras, digital video cameras, cell phones with cameras, and portable d..
Hong Kong dollar, and the one-year forward exchange rate is 9 yen per dollar. Determine whether or not there is an arbitrage opportunity and, if possible.
Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off
During course of twentieth century, average workweek in United States has gotten shorter and Americans have enjoyed greater amounts of leisure time. How has this development affected potential GDP and labour productivity.
Hypothesize the basic short-run also long-run behaviors of the model in the industry you have chosen in a "marketplace economy."
A container contains 36 light bulbs, four of which are defective. What is the probability that, if a sample of eight is chosen at random from the carton of bulbs, x will be defective?
question 1 one tradeoff society faces is between efficiency and equality. elaborate each term with suitable examples.
Holding everything else constant, if interest rates increase:
q1. third national bank has reserves of 20000 and checkable deposits of 200000. the reserve ratio is 10 percent.
From observations over many years, the company has concluded the fill amounts in their 2 litre bottles is normally distributed with a mean of 2.01 litres and a standard deviation of 0.11 litres. What fill amount (in litres) will see 97% of all bot..
q.the economic analysis division of mapco enterprises has estimated the demand function for its line of weed trimmers
q1. illustrate what are the effects of awards paid to heirs of workers judged to have been worked to death in japan on
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