LINEAR PROGRAMMING FOR SOLVNG INEQUALITIES, Applied Statistics

Assignment Help:
To use Linear Programming for solving the following inequalities.

Following Twin Conditions (as mandated by the Indian Regulatory Authority)

Twin Condition I for TV Broadcasters selling their content to Cable TV Service Providers :-

To Sell their content (TV Channels) to MSOs (viz. Cable TV Service Providers) as a Bouquet (Packet), Broadcasters have to abide by the following Twin Conditions :- A> Bouquet Rate > = 66% of the Sum of Ala Carte Rates (Standalone) of the TV Channels

B> Average Bouquet Rate > = 33% of Each Ala Carte Rate of the TV Channel in that Bouquet

The implicit principle behind Twin Condition I is that If I buy N different things together as a packet (Bouquet), there will be a definite reduction in price. But, the reduction is in such a way that :- 1> It cannot be below a certain % (66) of the total price
AND

2> The average selling price of the TV Channels in the Bouquet will not be below a certain % (33) of their individual prices. The % (2/3 & 1/3) depend on the profit and pricing mechanism

Twin Condition II for Cable TV service Providers for reselling Content to Retail Customers (Cable TV Subscribers) :- To resell this content to the retail subscriber, MSOs have to abide by the following Twin conditions :-

A> Ala Carte Rates for end consumer (Retail) < = 2 x (Ala Carte Rates provided by the Broadcaster to the MSOs)

B> Ala Carte of a TV Channel < = 3 x Ascribed Value of a TV Channel where Ascribed Value is the Ala Carte Rate rationalised with respect to the Bouquet rate. (Details on page 8, TARIFF ORDER DATED 20TH SEPT, 2013; LINK - https://www.cablequest.org/pdfs/trai/Tariff-amendments-for-notification-english-20sept2013.pdf )

Twin Condition I is the MSO''s content purchase and Twin Condition II is the MSO''s content sale.

Need to solve inequalities with multiple variables (Sample Data) using Linear Programming.

Sample Data :- MEDIAPRO (A CHANNEL AGGREGATOR HAS THE FOLLOWING TV CHANNELS IN ONE OF ITS BOUQUETS (BOUQUET NO. 2, PAGE NO. 17 OF LINK https://www.mediapro.net.in/rate-card-pdf/Reference%20Interconnect%20Offer%20-%20DACS%20annexure%20A%20-%2029.12.13.pdf)

THIS
BOUQUET HAS BEEN PRICED @ INR 43.2

AVERAGE BOUQUET RATE = INR 2.88 (PLEASE SEE NOTE BELOW)

AS CAN BE SEEN,THE BOUQUET RATE OF INR 43.2 IS GREATER THAN 66% OF SUM OF ALL ALA CARTE CHANNEL RATES WHICH IS INR 64.88

ALSO, AVERAGE BOUQUET RATE OF INR 2.88 IS GREATER THAN 33% OF EACH ALA CARTE CHANNEL RATE PRESENT IN THIS BOUQUET

THE ABOVE PRINCIPLE EXISTS FOR ALL THE BOUQUETS CREATED BY MEDIA PRO (PFA ATTACHED HEREWITH)

NOTE :- 1. A LA CARTE IMPLIES STAND ALONE RATES OF EACH TV CHANNEL AS GIVEN BY THAT BROADCASTER

AVERAGE BOUQUET PAY CHANNEL RATE = BOUQUET RATE / NUMBER OF PAY CHANNELS IN THAT BOUQUET

Related Discussions:- LINEAR PROGRAMMING FOR SOLVNG INEQUALITIES

Standard deviation , Standard Deviation  The concept of standard deviat...

Standard Deviation  The concept of standard deviation was first introduced by Karl Pearson in 1893. The standard deviation is the most important and the popular measure of disp

Dominant strategy equilibrium, Consider the following game: (a) If ...

Consider the following game: (a) If (top, left) is a Weakly Dominant Strategy Equilibrium, then what inequalities must hold among (a, ..., h)? (b) If (top, left) is a Na

Normal probability plots, The Null Hypothesis - H0:  The random errors will...

The Null Hypothesis - H0:  The random errors will be normally distributed The Alternative Hypothesis - H1:  The random errors are not normally distributed Reject H0: when P-v

Linear regression, Linear Regression Generally, in two mutually related...

Linear Regression Generally, in two mutually related statistical series, the regression analysis based on graphic method. Under graphic method the values  of X and Y variable

Probability function, Among the students doing a given course, there are fo...

Among the students doing a given course, there are four boys enrolled in the ordinary version of the course, six girls enrolled in the ordinary version of the course,and six boys e

Multiple regressions, A sample of 43 houses that were purchased in the Sout...

A sample of 43 houses that were purchased in the Southern California town Monrovia within a month was collected. We are interested in the study of the relationships between Price a

Business statistics, Betting on sporting events is big business both in the...

Betting on sporting events is big business both in the US and abroad. Consider, for instance, next winter’s American football tournament known as the Superbowl. Billions of dollars

Chi-square analysis, Chi-square analysis can be used with both Goodness-of-...

Chi-square analysis can be used with both Goodness-of-Fit Tests and with Tests for Independence. There are specific instances when each test should be used based on the information

Vector of a company, Suppose both the Repair record 1978 and Company headqu...

Suppose both the Repair record 1978 and Company headquarters are believed to be significant in explaining the vector (Price, Mileage, Weight). Here, because of the limited sample s

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd