Vicki Johns operates a catering company.Vicki provides food and servers for parties.She also rents tables, chairs, dinnerware, glassware, and linens.Alan and Debbie Holms contacted Vicki about catering for their daughter's wedding.They have requested an open bar, hors d'oeuvres (enough for 300 people), a large wedding cake, and forty tables with linens, dinnerware, and glassware.Vicki put together the following bid:
Required:
Suppose that the Holmses blanch when they see the bid.Mr.Holms suggests that they had hoped to spend no more than $3,750 or so on the party.How could Vicki work with the Holmses to achieve a target cost of that amount?
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