Rogério, a graphic artist, after paying all the expenses in his monthly budget, has a monthly net cash flow of $248. he has decided to add monthly savings to his budget in order to cover his health insurance co-pays and other expenses that come at odd times as listed below: predictable expense amount medical exams, lab co-pays, health insurance co-pays $640 every year auto maintenance $35 per quarter auto registration $225 per year if rogério leaves the cash flow in the checking account for all needs that arise, he runs the risk of not having the money for these very important future expenses. he has decided to make an automatic monthly transfer from his checking account to his savings accounts to cover these other predictable expenses. how can he divide these future expenses into a monthly deposit that can be added to his monthly budget. how much will be left over each month that can be deposited into a general emergency fund?

Given:

Monthly net cash flow = $ 248

Total cash flow = $248 × 12 = $2976

Health insurances = $640

Auto maintenance = $35 per quarter

Auto registration = $225 per year

Total Expense = Health insurance  + Auto maintenance + Auto registration

= $ 640 + ($ 35 × 4) +$ 225

= $ 640 + $140+ $ 225

= $ 1005

Balance left in Rogerio Account after Expenses

= Total cash flow in a year - Total Expense

= $ 2976 - $1005

=  $1971

Money left in Rogerio account

=

=

=$164.25

Money for future expenses

= Total income - Money left in Rogerio account  after deduction of emergency fund

= $ 248 - $ 164.25

= $ 83.75

∴ His future expenses is $83.75 and emergency fund is  $164.25

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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