Problem-3:White & Becker Tools (W&B) requires 2,000 electric motors next month for its product line of weed trimmers. Eachmotor is composed of three components: a coil, a shaft, and housing. W&B has the capability to produce thesecomponents or purchase them from an outside vendor. The costs of producing them and purchasing them are shownin the following table.COMPONENTCoilShaftHousingPRODUCTIONCOST PER UNITFabrication 0.50.4MoldingInspection0.2$2.60$1.80$1.40The components that are produced by W&B must pass through three departments: fabrication, molding, andinspection. The number of hours each component requires in each department and the total number of hours availablenext month in each department are shown in the following table:0.20.7PURCHASECOST PER UNITDEPART- COIL SHAFT HOUSING AVAILABILITYMENT(HR.) (HR.)(HR.)(HR.)$3.12$2.16$1.680.60.30.43,0003,0001,800In order to determine the number of components that will be produced and the number that will be purchased, W&Bhas set the following goals, in rank order:Rank 1: The total costs to produce and purchase components next month should not exceed $14,000.Rank 2: Idle time in the fabrication department should be minimized.Rank 3: At least 200 coils should be purchased from the vendor next month.Determine the number of components produced and purchased next month, according to these ranked goals.

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Answered: White & Becker Tools (W&B) requires…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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White & Becker Tools (W&B) requires 2,000 electric motors next month for its product li motor is composed of three components: a coil, a shaft, and housing. W&B has the c components or purchase them from an outside vendor. The costs of producing them and p in the following table.