This document presents the solution to an advertising mix problem for a company called Super Grain Corp. The problem involves determining the optimal allocation of advertising expenditures across TV spots, magazine ads, and social media ads. The solution shows the final values for the number of each type of ad that meet the budget and exposure constraints.
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Super Grain Corp. Advertising-Mix Problem
This document presents the solution to an advertising mix problem for a company called Super Grain Corp. The problem involves determining the optimal allocation of advertising expenditures across TV spots, magazine ads, and social media ads. The solution shows the final values for the number of each type of ad that meet the budget and exposure constraints.
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as XLS, PDF, TXT or read online on Scribd
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A B C D E F G H I
1 Super Grain Corp. Advertising-Mix Problem
2 3 TV Spots Magazine Ads SS Ads 4 Exposures per Ad 1,300 600 500 5 (thousands) 6 Budget 7 Cost per Ad ($thousands) Available 8 Ad Budget 300 150 100 <= 4,000 9 Planning Budget 90 30 40 <= 1,000 10 11 Total Exposures 12 TV Spots Magazine Ads SS Ads (thousands) 13 Number of Ads 0 20 10 17,000 14 15 Ad Budget 4000 <= 4,000 16 Planning Budget 1000 <= 1,000 17 Max TV Spots 0 <= 5 18 19 20 21 Objective Cell (Max) 22 Cell Name Original ValueFinal Value 23 $G$13 Number of 16,950 17,000 24 25 26 Variable Cells 27 Cell Name Original ValueFinal Value Integer 28 $C$13 Number of 1 0 Contin 29 $D$13 Number of 19 20 Contin 30 $E$13 Number of 8.5 10 Contin 31 32 33 Constraints 34 Cell Name Cell Value FormulaStatus Slack 35 $C$15 Ad Budget 4000 $C$15<=$GBin 0 36 $C$16 Planning B 1000 $C$16<=$GBin 0 37 $C$17 Max TV Spo 0 $C$17<=$GNot 5 38 39 40 Variable Cells 41 Final Reduced Objective Allowable Allowable 42 Cell Name Value CostCoefficient Increase Decrease 43 $C$13 Number of 0 -50 ### 50 ### 44 $D$13 Number of 20 0 ### 150 50 45 $E$13 Number of 10 0 ### 300 33.33 46 47 Constraints 48 Final Shadow ConstraintAllowable Allowable 49 Cell Name Value PriceR.H. Side Increase Decrease 50 $C$15 Ad Budget 4000 3 ### 1000 1500 51 $C$16 Planning B 1000 5 ### 600 200 52 $C$17 Max TV Spo 0 0 5 1E+030 5 A B C D E F G H I 1 Super Grain Corp. Advertising-Mix Problem 2 3 TV Spots Magazine Ads SS Ads 4 Exposures per Ad 1,300 600 500 5 (thousands) 6 Budget 7 Cost per Ad ($thousands) Available 8 Ad Budget 300 150 100 <= 4,000 9 Planning Budget 90 30 40 <= 1,000 10 11 Total Exposures 12 TV Spots Magazine Ads SS Ads (thousands) 13 Number of Ads 1 19 8.5 16,950 14 15 Ad Budget 4000 <= 4,000 16 Planning Budget 1000 <= 1,000 17 Max TV Spots 1 <= 5 18 Min TV Spots 1 >= 1 19 20 21 Objective Cell (Max) 22 Cell Name Original ValueFinal Value 23 $G$13 Number of 16,950 16,950 24 25 26 Variable Cells 27 Cell Name Original ValueFinal Value Integer 28 $C$13 Number of 1 1 Contin 29 $D$13 Number of 19 19 Contin 30 $E$13 Number of 8.5 8.5 Contin 31 32 33 Constraints 34 Cell Name Cell Value FormulaStatus Slack 35 $C$15 Ad Budget 4000 $C$15<=$GBin 0 36 $C$16 Planning B 1000 $C$16<=$GBin 0 37 $C$17 Max TV Spo 1 $C$17<=$GNot 4 38 $C$18 Min TV Spo 1 $C$18>=$GBin 0 39 40 41 Variable Cells 42 Final Reduced Objective Allowable Allowable 43 Cell Name Value CostCoefficient Increase Decrease 44 $C$13 Number of 1 0 ### 50 1E+030 45 $D$13 Number of 19 0 ### 150 50 46 $E$13 Number of 8.5 0 ### 300 33.3333 47 48 Constraints 49 Final ShadowConstraintAllowable Allowable 50 Cell Name Value Price R.H. Side Increase Decrease 51 $C$15 Ad Budget 4000 3 ### 850 1425 52 $C$16 Planning B 1000 5 ### 570 170 53 $C$17 Max TV Spo 1 0 5 1E+030 4 54 $C$18 Min TV Spo 1 -50 1 4 1