Question: Problem A-7 You are trying to create a budget to optimize the use of a portion of your disposable income. You have a maximum of

Problem A-7 You are trying to create a budget to optimize the use of a portion of your disposable income. You have a maximum of $2,000 per month to be allocated to food, shelter, and entertainment. The amount spent on food and shelter combined must not exceed $1,500. The amount spent on shelter alone must not exceed $1,000. Entertainment cannot exceed $400 per month. Each dollar spent on food has a satisfaction value of 8, each dollar spent on shelter has a satisfaction value of 8, and each dollar spent on entertainment has a satisfaction value of 5. Assuming a linear relationship, use the Excel Solver to determine the optimal allocation of your funds, (Round your answers to the nearest whole number.) Decision for F Decision for S Decision for E Total Satisfaction 1500 0 400 14000 Total budget S on food and shelter $ on shelter S on entertainment Resources Used 1900 1500 0 400

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