If I can't be between 2 divers and see them both, it's not good enough to teach (unless we go to 1-on-1!!).
I usually keep the rule of # of students is less than or equal to # of supervising hands (and that's "Hands", not "supervisors").
I can keep them safe, but my main concern in low viz is then how the student is going to perceive diving after this.
Not a great sales card for diving. I always encourage a quick trip to Coz to see how nice it can be.
I use basically the same guidelines as above for training purposes.