1. **State the problem:**
We want to maximize the monthly profit given a total advertising budget of 20000 dollars, where $x$ is the amount spent on newspapers and $y$ on television.
2. **Define the profit function:**
Sales are given by $$S = 80x^{\frac{1}{4}}y^{\frac{3}{4}}$$
Profit is 10% of sales minus the advertising cost:
$$P = 0.1S - (x + y) = 0.1 \times 80x^{\frac{1}{4}}y^{\frac{3}{4}} - (x + y) = 8x^{\frac{1}{4}}y^{\frac{3}{4}} - x - y$$
3. **Constraint:**
The total advertising budget is fixed:
$$x + y = 20000$$
4. **Set up the Lagrangian:**
$$\mathcal{L} = 8x^{\frac{1}{4}}y^{\frac{3}{4}} - x - y + \lambda(20000 - x - y)$$
5. **Find partial derivatives and set to zero:**
$$\frac{\partial \mathcal{L}}{\partial x} = 8 \times \frac{1}{4} x^{-\frac{3}{4}} y^{\frac{3}{4}} - 1 - \lambda = 0$$
$$\frac{\partial \mathcal{L}}{\partial y} = 8 \times \frac{3}{4} x^{\frac{1}{4}} y^{-\frac{1}{4}} - 1 - \lambda = 0$$
$$\frac{\partial \mathcal{L}}{\partial \lambda} = 20000 - x - y = 0$$
6. **Simplify the first two equations:**
$$2 x^{-\frac{3}{4}} y^{\frac{3}{4}} - 1 - \lambda = 0$$
$$6 x^{\frac{1}{4}} y^{-\frac{1}{4}} - 1 - \lambda = 0$$
7. **Set the two expressions for $1 + \lambda$ equal:**
$$2 x^{-\frac{3}{4}} y^{\frac{3}{4}} = 6 x^{\frac{1}{4}} y^{-\frac{1}{4}}$$
8. **Divide both sides by 2:**
$$x^{-\frac{3}{4}} y^{\frac{3}{4}} = 3 x^{\frac{1}{4}} y^{-\frac{1}{4}}$$
9. **Rewrite powers:**
$$\frac{y^{\frac{3}{4}}}{x^{\frac{3}{4}}} = 3 \frac{x^{\frac{1}{4}}}{y^{\frac{1}{4}}}$$
10. **Multiply both sides by $x^{\frac{3}{4}} y^{\frac{1}{4}}$ to clear denominators:**
$$y^{\frac{3}{4}} y^{\frac{1}{4}} = 3 x^{\frac{1}{4}} x^{\frac{3}{4}}$$
11. **Simplify exponents:**
$$y^{1} = 3 x^{1}$$
$$y = 3x$$
12. **Use the budget constraint:**
$$x + y = 20000$$
Substitute $y = 3x$:
$$x + 3x = 20000$$
$$4x = 20000$$
$$x = \frac{20000}{4} = 5000$$
13. **Find $y$:**
$$y = 3 \times 5000 = 15000$$
14. **Calculate maximum profit:**
$$P = 8 x^{\frac{1}{4}} y^{\frac{3}{4}} - x - y = 8 \times 5000^{\frac{1}{4}} \times 15000^{\frac{3}{4}} - 5000 - 15000$$
Calculate powers:
$$5000^{\frac{1}{4}} = \sqrt{\sqrt{5000}} \approx 8.41$$
$$15000^{\frac{3}{4}} = (15000^{\frac{1}{4}})^3 \approx (11.14)^3 = 1383.5$$
So,
$$P \approx 8 \times 8.41 \times 1383.5 - 20000 = 93144 - 20000 = 73144$$
**Final answer:**
Allocate 5000 dollars to newspaper advertising and 15000 dollars to television advertising to maximize profit, which is approximately 73144 dollars.
Maximize Profit 39Ae35
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