type pls Question 8The following are four tips for maintaining a budget.Explain specifically HOW a person could follow each tip, providing at least one example for each.a) Be a SMART consumer.b) Exercise willpower and self-control.c) Develop a good record keeping system.d) Evaluate your budget regularly.

From a consumers perspective, a budget is all about estimating the possible expenditures that might…

Answered: Question 8 he following are four tips…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Question 4. Formulate this problem as a LP in which the objective is to minimize the total cost? What is the name of this problem? Three suppliers (S₁, S₂, S3) are used to provide four customers (T₁, T2, T3, T4) with their requirements for a particular commodity over a year. The yearly capac- ities of the suppliers and requirements of the customers are given below (in suitable units) Suppliers Capacities (per year) Customers Requirements (per year) S₁ Table 5.3 Supplier S₁ 135 56 The unit costs for supplying each customer from each supplier are given in Table 5.3 (in pounds per unit). T₁ 132 85 106 S₂ S₁ 93 T₁ T₂ T₁ T4 62 83 39 91 T₂ _a 91 89 Customer T3 97 100 T4 103 98 "A dash indicates the impossibility of certain suppliers for cer- tain depots or customers.
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Question 8 he following are four tips for maintaining a budget. xplain specifically HOW a person could follow each tip, providing at least one example for each. Be a SMART consumer. Exercise willpower and self-control. Develop a good record keeping system. Evaluate your budget regularly.