Question: ou are trying to create a budget to optimize the use of a portion of your disposable income. You have a maximum of $ 2
ou are trying to create a budget to optimize the use of a portion of your disposable income. You have a maximum of $ per month to be allocated to food, shelter, and entertainment. The amount spent on food and shelter combined must not exceed $ The amount spent on shelter alone must not exceed $ Entertainment cannot exceed $ per month. Each dollar spent on food has a satisfaction value of each dollar spent on shelter has a satisfaction value of and each dollar spent on entertainment has a satisfaction value of
Assuming a linear relationship, use the Excel Solver to determine the optimal allocation of your funds.
Decision for F S E and Total Satisfaction?
Resourses used $ on
food and shelter
shelter
entertainment
Total budget.
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