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Economics and finance Description
Further explanation of this example: 'Applications of optimization with Xpress-MP', Chapter 13: Economics and finance problems
Source Files By clicking on a file name, a preview is opened at the bottom of this page.
Data Files
h2publ.mos
(!******************************************************
Mosel Example Problems
======================
file h2publ.mos
```````````````
Planning a publicity campaign for a new product
A company launches a new product and reaches out to a
publicity agency to develop a publicity campaign. A
maximum budget is defined for this campaign. For each
media type (e.g., radio, tv, newspaper, etc.), there are
the people potentially reached, the cost, the maximum use,
and the index of perception quality. The campaign must
reach at least a given number of people. Which media should
be chosen and in which proportions (i.e., number of uses)
to maximize the total sum of indexes of perception quality?
This problem is represented with a simple IP model.
The model is implemented in a generic way (using
data arrays read from file) to make modifying the input
data easier for future extensions and data instances.
(c) 2008 Fair Isaac Corporation
author: S. Heipcke, Mar. 2002
*******************************************************!)
model "H-2 Publicity"
uses "mmxprs"
declarations
MEDIA = 1..6 ! Set of media types
REACH: array(MEDIA) of integer ! Number of people reached
COST: array(MEDIA) of integer ! Unitary cost
MAXUSE: array(MEDIA) of integer ! Maximum use
SCORE: array(MEDIA) of integer ! Quality rating (best=highest value)
BUDGET: integer ! Available publicity budget
TARGET: integer ! Number of people to be reached
use: array(MEDIA) of mpvar ! Use made of different media
end-declarations
initializations from 'h2publ.dat'
REACH COST MAXUSE SCORE BUDGET TARGET
end-initializations
! Objective: quality of perception of the campaign
Perceive:= sum(m in MEDIA) SCORE(m)*use(m)
! Budgetary limit
sum(m in MEDIA) COST(m)*use(m) <= BUDGET
! Outreach of campaign
sum(m in MEDIA) REACH(m)*use(m) >= TARGET
forall(m in MEDIA) do
use(m) is_integer
use(m) <= MAXUSE(m)
end-do
! Solve the problem
maximize(Perceive)
! Solution printing
declarations
NAMES: array(MEDIA) of string
end-declarations
initializations from 'h2publ.dat'
NAMES
end-initializations
writeln("Perception: ", getobjval, " units (",
getsol(sum(m in MEDIA) REACH(m)*use(m)), " people)")
forall(m in MEDIA) writeln(NAMES(m), ": ", getsol(use(m)))
end-model
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