Beerco has $100,000 to spend on advertising in four markets. The sales revenue (in thousands of dollars) that can be created in each market by spending xi thousand dollars in market i is given in the file P07_56.xlsx.a. To maximize its sales revenue, how much money should Beerco spend in each market?b. Use SolverTable to see how a change in the advertising budget affects the optimal sales revenue.
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here