You are hosting an important event on campus, the RSVP's are in and there will be 100 guests (not fellow students) attending. You
You are hosting an important event on campus, the RSVP's are in and there will be 100 guests (not fellow students) attending. You
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:You are hosting an important event on campus, the RSVP's are in
and there will be 100 guests (not fellow students) attending. You
forgot to ask for help and the event is only 4 days away; it is now
up to your group members to make this a successful event. Over
the next week your group needs to identify tasks, set priorities and
come up with a plan to make this happen.
You cannot ask any other people to help
You have a budget of $20,000.00
YOU MUST CREATE AN INITIAL BUDGET
SPREADSHEET SHOWING A BUDGET GREATER
THAN $20,000. SET YOUR CONSTRAINTS, DECIDE
WHICH TASKS BUDGET TO BE ADJUSTED AND USE
EXCEL SOLVER TO CREATE YOUR FINAL BUDGET.
Submit your plan and your reasoning behind the
decisions and why your plan will make the event a
success. Also submit the excel spreadsheet showing
your initial budget and your final budget with the
constraints.
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