Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

(Media selection problem) The advertising director for Diversey Paint and Supply, a chain of four retail stores on Chicago’s North Side, is considering two media possibilities. One plan is for a series of halfpage ads in the Sunday Chicago Tribune newspaper, and the other is for advertising time on Chicago TV. The stores are expanding their lines of do-it-yourself tools, and the advertising director is interested in an exposure level of at least 40% within the city’s neighborhoods and 60% in northwest suburban areas. The TV viewing time under consideration has an exposure rating per spot of 5% in city homes and 3% in the northwest suburbs. The Sunday newspaper has corresponding exposure rates of 4% and 3% per ad. The cost of a half-page Tribune advertisement is $925; a television spot costs $2,000. Diversey Paint would like to select the least costly advertising strategy that would meet desired exposure levels.

(a) Formulate using LP.

(b) Solve the problem

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92573809

Have any Question?


Related Questions in Operation Management

Jdi inc is trying to decide whether to make or buy a part

JDI, Inc. is trying to decide whether to make or buy a part (#J-45FPT). Purchasing the part would cost $1.50 each. If they design and produce it themselves, it will result in a per unit cost of $1.00. However, the design ...

What are amazonrsquos current marketsbusiness lines if you

What are Amazon’s current markets/business lines? If you distill the Amazon case down to its basic elements, what is the ultimate business model that CEO Jeff Bezos is following? The chart at the end of the case shows an ...

1 what are some of the designs companies can use to go

1. What are some of the designs companies can use to go international? What are some of the pros and cons for each? 2. A shipping company has set up Service Level Agreement (SLA) with a customer.   One requirement of the ...

The town ow lytle must determine how to best deploy four

The town ow Lytle must determine how to best deploy four new emergency medical services vehicles among five existing EMS locations. The new vehicles differ in their hardware, and thus differ in their ability to respond t ...

There are numerous studies regarding the value of involving

There are numerous studies regarding the value of involving end-users when developing or selecting new software. Please share examples of when you have been involved in the implementation of new software and how your inv ...

Why is it necessary to eliminate office bullying is office

Why is it necessary to eliminate office bullying? Is office bullying just a simple form of organizational conflict? Why or why not? What action(s) should you take as a manager to create a "bully-free" work environment? I ...

Critical essay 2000 wordssession four of this course

Critical Essay 2000 words Session four of this course discusses nine different change tools. Your task is to choose two, and critically evaluate their usefulness to effect change for BOTH a manufacturing company and a se ...

Answer the quseions with your own wordsupon the successful

Answer the quseions with YOUR OWN WORDS Upon the successful completion of this module, you should understand the following concepts: 1- Strategic leadership and strategic management 2- Strategy formulation 3- Strategy im ...

System development failures have been discussed written

System development failures have been discussed, written about, and held up as model of what not to do. At a point toward the end of the 1990’s, it was estimated that 75% of all the major system projects failed, were sig ...

1 landon a supervisor at kidskrafts would like to inform

1. Landon, a supervisor at KidsKrafts, would like to inform his staff about a new commission-based program that will give them additional income. Which sequence should Landon use to structure this good news message? a. A ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As