Assume that XYZ company is selecting TV, Radio, Newspaper, and Magazine ads to increase the volume of their customers. The company has $26,000 for advertisement purposes. The cost per advertisement for TV, Radio, Newspaper, and Magazine are $150, $100, $80, and $40, respectively. They do not want to spend more than $15,000 on Newspaper and Magazine ads. The number of Newspaper ads should be at least twice the Magazine ads. The total number of ads all together should not be less than 330 and not more than 360, and the maximum amount spent on TV ads should be less than $1,600. They should have a minimum of 10 TV ads.
How much money was left in the advertising budget after the conclusion of all ads?
- $0
- $15,000
- $26,000
- $11,000