She makes total 3 waffles. 
Step-by-step explanation
Suppose, the number of waffles she makes is 

It takes 1 pound of flour to make 2 waffles. That means, for making 1 waffles she needs 
 pound of flour. 
So, the amount of flour needed to make 
 waffles 
 pound. 
Now, 1 pound of flour is used for every 8 eggs. So, 
 pound of flour is used for 
 eggs. 
Given that, she uses a total of 12 eggs. So, the equation will be.....

So, she makes total 3 waffles.