Please show each and every step in excel solver. Please show how to calculate ea
ID: 3177213 • Letter: P
Question
Please show each and every step in excel solver. Please show how to calculate each formula on each step in solver... I need a step by step example The campaign manager for a politician who is running for reelection to a political office is planning the campaign. Four ways to advertise have been selected: TV ads, radio ads, billboards, and newspaper ads. The cost of these are $900 for each TV ad, $500 for each radio ad, $600 for a billboard for one month, and $180 for each newspaper ad. The audience reached by each type of advertising has been estimated to be 40,000 for each TV ad, 32,000 for each radio ad, 34,000 for each billboard, and 17,000 for each newspaper ad. The total monthly advertising budget is $16,000. The following goals have been established and ranked: 1. The number of people reached should be at least 1,5000,000 2. The total monthly advertising budget should not be exceeded 3. Together, the number of ads on either TV or radio should be at least 6 4. No more than 10 ads of any type of advertising should be used a. Formulate this as a goal programming problem b. Solve this using excel solver showing each step in an easy to follow method and show every formula and calculation along the way c. Which goals are exactly met and which of the goals are not met
Explanation / Answer
TV ads, radio ads, billboards, and newspaper ads.
Let w be number of TV ads, x be the number of radio ads, y be the number of billboard ads and z be the number of newspaper ads.
Minimize Cost = 900w + 500x + 600y + 180z
Below are the constraints,
Constraint 1: budget should not exceed 16000
900w + 500x + 600y + 180z <= 16000
Constraint 2: Number of people reached should be at least 15000000
40000w + 32000x + 34000y + 17000z >= 15000000
Constraint 3: Number of ads should not exceed particular value
w + x >= 6
w <= 10, x <= 10, y <= 10, z <= 10
Hence the LPP formulation will be
Min Z = 900w + 500x + 600y + 180z
subject to,
900w + 500x + 600y + 180z <= 16000
40000w + 32000x + 34000y + 17000z >= 15000000
w + x >= 6
w,x,y,z <= 10
w,x,y,z >= 0
Solver Solution is below,
Constraint 2 i.e. minimum number of people to be reached through advertisement can not be met due to limited budget. Also, another constraint where number of particular ad type should not exceed 10 violated due to budgetory constraint.
Solver Solution w x y z Total Demand Decision Variables 10 10 0 11.11111 Cost 900 500 600 180 16000 Constraint 1 900 500 600 180 16000 16000 Constraint 2 40 32 34 17 908.8889 15000 Constraint 3 1 1 0 0 20 6 Constraint 4 1 0 0 0 10 10 Constraint 5 0 1 0 0 10 10 Constraint 6 0 0 1 0 0 10 Constraint 7 0 0 0 1 11.11111 10Related Questions
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