Faye was placing her pencils into 14 rows with 11 pencils in each row. How many pencils does she have?
First, we need to find how many pencils are in 14 rows. 14 rows is the same as 14/1 rows, so we can say that there are 14/1 rows of pencils. 

Next, we need to find 11 pencils in each row. 11 pencils is the same as 11/1 pencils, so we can say that there are 11/1 pencils in each row. 

Now, we need to find the product of 14/1 rows and 11/1 pencils in each row. The product of 14/1 rows and 11/1 pencils in each row is the same as 154/1, so we can say that the product is 154/1. 

We can simplify 154/1 to just 154, so we can say that Faye has 154 pencils. 

Therefore the answer (numeric) is: 

154