Math Problem Statement
Solution
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Math Problem Analysis
Mathematical Concepts
Linear Programming
Optimization
Formulas
Objective Function: Maximize 30,000x1 + 22,000x2 + 24,000x3 + 8,000x4
Budget Constraint: 800x1 + 400x2 + 500x3 + 100x4 ≤ 15,000
TV/Social Media Constraint: x1 + x2 ≥ 6
Billboards/Newspapers Cost Constraint: 500x3 + 100x4 ≤ 800x1
Maximum Ads Constraints: 0 ≤ x1, x2, x3, x4 ≤ 10
Theorems
Simplex Method for Linear Programming
Suitable Grade Level
Undergraduate
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