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A company is planning its advertising strategy for next year for its three major products. Since...

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Advance Math

A company is planning its advertising strategy for next year forits three major products. Since the three products are quitedifferent, each advertising effort will focus on a single product.In units of millions of dollars, a total of 6 is available foradvertising next year, where the advertising expenditure for eachproduct must be an integer greater than or equal to 1. The vice-president for marketing has established the objective: Determinehow much to spend on each product in order to maximize total sales.The following table gives the estimated increase in sales (inappropriate units) for the different advertising expenditures.

Advertising

Product

Expenditure

1

2

3

1

7

4

6

2

10

8

9

3

14

11

13

4

17

14

15

Use DYNAMIC PROGRAMMING to solve thisproblem.

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