Your company is planning to organize a workshop on quality managem ent. There are 10managersin your company all of whom have received free passes for the workshop. These passes wouldallow five free seats to the indivi duals. The managers from other companies can also attend theevent, however they need to pay $60 per pers on. All the people attending the workshop would getcomplimentary lunch, snacks and parking facilities without any extra fees. There are certain costsassociated with the workshop including lunch cost of $5 per person, snacks cost of $3 per person,parking cost of $4 per person, speakers cost of $800 per speaker (total 5 speakers are used),registrati on fee of $7.50 per person, and auditorium cost of $200. Approximately how manymanagers from outsi de the company require to attend the meeting so that the workshop wouldreach break-even?(A) 128(B) 210(C) 365(D) 517

A Small Introduction about Quality Management Quality management is the demonstration of…

Answered: I our company is planning to organize a…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter4: Linear Programming Models

Section4.8: Data Envelopment Analysis (dea)

Problem 42P

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