In this case, the depth of the pan (or height of the cut pieces) is unimportant.
We know that Area = Length x Width
The pan is 9 inches wide by 13 inches long, which is an area of 117 square inches.
Each piece is 2 inches by 1/2 inch, which is an area of 1 square inch.
So, the area of the pan divided by the area of each piece means that Velma can get 117 pieces.