Write decision variables to market the product

Assignment Help Basic Statistics

Reference no: EM13111895

1. The French Enterprise wishes to market its product, Learn French in 5-Days. It has selected television and radio to market this product. A 1-minute television ad costs $30,000 and 1- minute radio add costs $5,000. French Enterprise should decide how many television ads to buy. Write down the decision variables?

a. 0 x1 = television channels and x2 = radio channels
b. 0 x1 = number of French students and x2 = number of English students
c. 0 x1 = 30,000 and x2= 5,000
d. 0 x1 = number of 1-minute television ads and x2= number 1-minute radio ads

2. Which of these statements is NOT correct about CPM and PERT?

a. In project, if the duration of activities is known we use PERT, if duration is not known we use CPM.
b. CPM and PERT have been utilized in scheduling construction projects,
c. The predecessors are set of activities that should be completed before activity.
d. CPM and PERT have been utilized in building ships.

Reference no: EM13111895

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