In: Operations Management
Enrollment Management. An engineering department chair wants to maximize the use of scholarship dollars to shape the enrollment of the incoming freshmen. All applicants take an engineering aptitude test and receive a scholarship based on their score. Here is the scholarship award amount:
Test Score | 80 | 85 | 90 | 95 | 100 |
Scholarship Amount | 2090 | 2570 | 3290 | 3900 | 4160 |
The department chair wants to
award scholarships to 100 students
with at least 5 scholarships given to students in each test score
and a total of $350,000 spent on the 100 scholarships.
What is the maximum average test score the freshmen class can have?