Solve. Show the system of equations used and show your work on solving the system: A company wants to advertise its product in a certain magazine. The magazine offers two ad plans: Plan A: 6 full-page ads and 6 half-page adds will cost $2550 Plan B: 8 full-page ads and 4 half-page ads will cost $2800 Find: The cost of a full-page ad b. The cost of a half-page ad a.
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- Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and website construction is estimated to be $160,000. Variable processing costs are estimated to be $6.00 per book. The publisher plans to sell single-user access to the book for $46. a. Build a spreadsheet model to calculate the profit/loss for a given demand. For example, what profit can be anticipated with a demand of 3500 copies? b. Use a data table to very demand from 1000 to 6000 in increments of 200 to assess the sensitivity of profit to demand. c. Use Goal Seek to determine the access price per copy that the publisher must charge to break even with the demand of 3500 copies. Before you move on to Problem 2, make sure you save your workbook with this value displayed or else you will not receive credit.A small company manufactures a certain item and sells it online. The company has a business model where the cost, C in dollars, to make x items is given by the equation C = 20/3 x + 50. The revenue R , in dollars , made by selling x items is given by the equation R = 10x. How many items must the company sell in order for the cost to equal their revenue?Based on the COA example in the marketing math spreadsheet, how can you purchase 1 paying customer when 1000 page views resulted in only .25 of a paying customer? a. This is an irrelevant concern. b. Because one customer purchases 2000 dollars c. The .25 person number found in the COA example result came from 1000 page views that cost 30 dollars. The cost of acquisition of a paying customer in the example was 120 dollars. This means it required 4000 page views or 4*30 dollars. Consequently, 4000 page views ($120) results in one paying customer 4*.25. d. All are true e. All are false
- A firm plans to use three different types of ads to attract potential customers to its product. The three ad choices are TV ads, Magazine ads, and Sunday Supplement. The following table shows the number of potential customers one ad can reach: TV Ads (TV) - Number of Potential Customers Attracted per Ad 1,500 Magazine Ads (M) - Number of Potential Customers Attracted per Ad 500 Sunday Supplement - (SS)Number of Potential Customers Attracted per Ad 500 There are two categories of spending per ad as below ($, Thousands): Cost Per Ad ($Thousands) TV Ads (TV) Magazine Ads (M) Sunday Supplement (SS) Ad Budget 250 100 100 Planning Budget 100 50 50 There are following constraints: Total Ad Budget <= 3,500 Total Planning Budget <= 1,500 Total number of TV ads <= 5 The question is to find the optimal numbers of TV ads, Magazine ads, and Sunday Supplement, so that the total number of the potential customers attracted by these ads can be MAXIMIXZED.I need help answering the questions below... 1. Using the assumptions provided in Excel Spreadsheet, what is the total number of customers generated from this advertising? 2. If Dr. Corneal’s customers spend $300 on average, what is the total revenue generated from this advertising? 3. The cost to purchase the advertising is as follows: Google Ads: $5,000 Newspapers: $3,000 Magazines: $6,000 Radio: $1,000 Calculate the overall ROI and the ROI per advertising source. How do these number help you plan your advertising budget going forward? To answer this question, define ROI, explain how ROI is used (see your book), apply the numbers you have calculated and show how you would use these numbers for planning purposes. Note - ROI is expressed as a percent. ROI= (Revenue - Costs)/CostsWindows is a small company that installs windows. Its cost structure is as follows: LOADING... (Click the icon to view the cost structure.) Traylor Windows' breakeven revenues is $1,870,000 and breakeven units is 3,400. Calculate the margin of safety in units and dollars and the margin of safety percentage if Traylor Windows expects to sell 3,600 windows in the year. Begin with calculating the margin of safety in dollars. Determine the formula to calculate the margin of safety in dollars. Then, enter the amounts and calculate the margin of safety in dollars. Budgeted revenue - Breakeven revenue = Margin of safety in dollars - = Next, determine the formula, enter the amounts, and calculate the margin of safety in units. Budgeted units - Breakeven units = Margin of safety in units - = Finally, calculate the margin of safety percentage if…
- Media Mogul Inc. is a marketing company that offers a variety of marketing offerings to its customers. Specifically: •Media will create a TV commercial for $1M, build an app for $500K, and build a Facebook page for $250K. These amounts represent Media’s charges for these items when Media sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated; that is, each functions independently of the other offerings. •If a customer purchases all aforementioned items together, the total cost is $1.5M. Payment terms are 50 percent consideration due at contract signing, with the remaining 50 percent due over the rest of the development period (25 percent at mid-point, 25 percent at completion). •If the app is downloaded 500K times or more in the first month, there is a one-time bonus of $250K payable to Media. Stone, a customer, approaches Media with the hopes of reinventing its image to a younger customer base. Stone has a verbal agreement with Media…Media Mogul Inc. is a marketing company that offers a variety of marketing offerings to its customers. Specifically: •Media will create a TV commercial for $1M, build an app for $500K, and build a Facebook page for $250K. These amounts represent Media’s charges for these items when Media sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated; that is, each functions independently of the other offerings. •If a customer purchases all aforementioned items together, the total cost is $1.5M. Payment terms are 50 percent consideration due at contract signing, with the remaining 50 percent due over the rest of the development period (25 percent at mid-point, 25 percent at completion). •If the app is downloaded 500K times or more in the first month, there is a one-time bonus of $250K payable to Media. Stone, a customer, approaches Media with the hopes of reinventing its image to a younger customer base. Stone has a verbal agreement with Media…Media Mogul Inc. is a marketing company that offers a variety of marketing offerings to its customers. Specifically: •Media will create a TV commercial for $1M, build an app for $500K, and build a Facebook page for $250K. These amounts represent Media’s charges for these items when Media sells them separately to customers. The TV commercial, the app, and the Facebook page are not interrelated; that is, each functions independently of the other offerings. •If a customer purchases all aforementioned items together, the total cost is $1.5M. Payment terms are 50 percent consideration due at contract signing, with the remaining 50 percent due over the rest of the development period (25 percent at mid-point, 25 percent at completion). •If the app is downloaded 500K times or more in the first month, there is a one-time bonus of $250K payable to Media. Stone, a customer, approaches Media with the hopes of reinventing its image to a younger customer base. Stone has a verbal agreement with Media…
- Assume that Medina Co. makes footballs and is trying to determine the quantity of leather it should order every time an order is placed. The relevant information is as follows:a. over the course of a year 12,000 square meters of leather will be needed,b. the cost of storing 1 square meter of leather is $3 andc. the cost of placing an order is $450. What is the Economic Order Quantity?The business manager of an RSO has a choice of purchasing T-shirts for 500 students from two suppliers. Alpha T offers the shirt to be acquired at P300 each with print 500 pieces and silk screen cost of P1,000 for 500 pieces. If the RSO will buy less than 500 pieces, it will be charged at P315each. Beta T, another supplier offers the T-shirt at P187 each, charges printing at P10,000 at a higher level of printing technology for every 300 pieces, and P75/shirt for ink and labor. Record shows that sales come from 75% of the students buy T-shirts. If only 80% of the students are targeted to serve, which supplier will you choose? a) Alpha T b) Beta T c) Either of the two supplier d) none of the supplierEastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web site construction is estimated to be $171,000. Variable processing costs are estimated to be $8 per book. The publisher plans to sell single-user access to the book for $41. Through a series of web-based experiments, Eastman has created a predictive model that estimates demand as a function of price. The predictive model is demand = 4,000 − 6p, where p is the price of the e-book. (a) Construct an appropriate spreadsheet model for calculating the profit/loss at a given single-user access price taking into account the above demand function. What is the profit estimated
