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An advertising agency buys local radio and TV slots for its clients and wants to maximize the total audience exposure for all clients. Its client has a maximum budget of $1 million per month. Each radio slot reaches 1000 customers and each TV slot reaches 3000 different customers. Radio slots cost $400, provided at least 100 slots are taken in any month, and TV slots cost $20000 with no restrictions on the number of slots. Each radio slot requires 20 hours and each TV slot requires 50 hours of the agency's executive time out of a total of 4000 hours available each month.
1. Formulate the above problem as a LP problem.
2. Can the above problem be solved graphically? Why or why not?
3. Use QM to solve the above LP problem.
4. Use QM to discuss the existence of multiple optimal solutions.
What is your research question? What is the hypothesized relationship? Using the data for your final project, run a regression with the dependent variable and only the main independent variable of interest. Explain your findings and what it means a..
1. Or a person who eats hamburgers with ketchup, how might the traditional and the Taguchi approaches to quality loss apply with regard to the amount of ketchup that is put on the hamburger? 2. For each of the following, identify which kind of var..
Why did white supremacy groups such as the Ku Klux Klan rise up in the south after the Civil War?
According to a recent survey,the salaries of assistant professors have a mean of $40756 and a standard deviation of $6500. Assuming that the salaries of assistant professors follow a normal distribution, find the proportion of assistant professors..
It seems that 14% of engaged women buy a wedding dress at least one size smaller than their current size. Why? Cornell researchers reported an alarming.
for each of the following statements give the null hypothesis ho and the alternate hypothesis h1.1. the mean average
Question: What is the probability of a black man being stop and frisk by a policeman.
TrafficWeb.org claims that it can deliver 10,000 hits to a Web site in the next 60 days for only $21.95 (www.trafficweb.org, April 26, 2004).
The frequency distribution below shows the distribution for suspended solid concentration (in PPM) in river water of 50 different waters collected in September 2011.
Martin decides to try out this strategy. However, he only has $31, so he may end up walking away bankrupt rather than continuing to double his bet.
case studyinventories represent a considerable investment for every organization thus it is important that they be
Suppose 1% of people in a large population are over 6 feet 3 inches tall. Approximately what is the chance that from a group of 200 people picked at random.
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