Answer:
343 pieces of wood.
Step-by-step explanation:
In order to determine the starting number of pieces of wood that yield 330 railings, the easiest course of action is to work your way back through step 3, step 2, and step 1. The number of pieces that must arrive at each step are given by:
[tex]n_f=330\\n_3 = \frac{330}{1-0.016}\\n_2 = \frac{n_3}{1-0.011}\\n_1 = \frac{n_2}{1-0.011} \\\\n_3 = 335.3658\\n_2=339.09591\\n_1=342.86745=343[/tex]
Rounding up to the next whole piece, 343 pieces are needed.
Therefore, you must start with 343 pieces of wood to have 330 railings that can be sold.