Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are hosting an important event (Event examples: Graduation celebration, Family Reunion, Wedding, etc) and there will be about 100 guests (not fellow students) attending.
- You are hosting an important event (Event examples: Graduation celebration, Family Reunion, Wedding, etc) and there will be about 100 guests (not fellow students) attending. The event will be for three (3) consecutive days. It is now up to you to make this a successful event. Over the next week you need to identify tasks, set priorities and come up with a plan to make this happen.
- You have initial budget of $50,000.00.
- You must identify at least five (5) areas/tasks where you need to spend this money for the three days of the event, example hall rental, equipment rental, food and drinks, entertainment, etc.
- You must make an initial budget sheet showing the distribution of the $50,000 for the three days.
- Finally, due to budget constraint, your initial budget of $50,000 has been reduced to $35,000. SET YOUR CONSTRAINTS, DECIDE WHICH AREAS/TASKS BUDGET TO BE ADJUSTED AND USE EXCEL SOLVER TO make a FINAL BUDGET.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started