A candidate wishes to use a combination of radio and television advertisements in her campaign. Assume that each 1-minute spot on television reaches to 0.0945 million people and that each 1-minute spot on radio reaches to 0.003 million. The candidate feels she must reach at least 8.775 million people, and she must buy total of at least 85 minutes of advertisements. How many minutes of each medium should be used to minimize costs if television costs $450 per minute and radio costs $75 per minute? Round your answer to nearest integer if necessary.
A) Minimum cost is $41,786 with 0 minutes of TV time and 93 minutes of radio time.
B) Minimum cost is $41,786 with 93 minutes of TV time and 0 minutes of radio time.
C) Minimum cost is $8,839 with 5 minutes of TV time and 88 minutes of radio time.
D) Minimum cost is $8,839 with 88 minutes of TV time and 5 minutes of radio time.
E) Minimum cost is $7,339 with 0 minutes of TV time and 98 minutes of radio time.
Correct Answer:
Verified
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