Q: Consider a version of the Hudson Readers Problem where the only constraints are the advertising budget constraint and the non-negativity constraints on the decision variables (in other words, ignore the constraints for net sales increase in India and China and on the net sales increase of the enhanced version). What is the optimal value of the total net sales increase (in $ millions) for such a problem? Choose the closest value among the ones presented below.
or
Q: Imagine a version of the Hudson Readers Problem in which the only limitations are the non-negativity constraints on the decision variables and the advertising budget constraint (i.e., disregard the limitations on the net sales increase of the enhanced version and the net sales increase in China and India). For such an issue, what is the ideal amount of the overall net sales rise (in millions)? Select the value that is closest to the ones listed below.
- 9.25
- 5.85
- 3.90
- 7.80
- 9.75
Explanation: 9.75 million dollars. This represents the highest possible total net sales increase when focusing only on the advertising budget and maximizing returns without other constraints.