First, calculate the total amount of cups of oatmeal required to make 21 batches of cookies by multiplying 21 times 2 3/4:

Simplify that fraction:

Since a total of 57 3/4 cups of oatmeal are needed to make 21 batches of cookies, but a package contains only 56 cups of oatmeal, therefore, there is not enough oatmeal to make 21 batches of cookies.