Question

Your company is planning to organize a workshop on quality management. There are 10 managers
in your company all of whom have received free passes for the workshop. These passes would
allow five free seats to the individuals. The managers from other companies can also attend the
event, however they need to pay $60 per person. All the people attending the workshop would get
complimentary lunch, snacks and parking facilities without any extra fees. There are certain costs
associated 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),
registration fee of $7.50 per person, and auditorium cost of $200. Approximately how many
managers from outside the company require to attend the meeting so that the workshop would
reach break-even?​

Answer 1

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