#3. Refrigeration Components. Vollmer Manufacturing makes three components for sale to refrigeration companies. The components are processed on two machines: a shaper and a grinder. The times (in minutes) required on each machine are as follows: Machine Component Shaper Grinder 1 6 4 2 B 5 3 o 2 The shaper is available for 120 hours, and the grinder 1s available for 110 hours. No more than 200 units of component 3 can be sold, but up to 1000 units of each of the other components can be sold. In fact, the company already has orders for 600 units of component 1 that must be satisfied. The profit contributions for components 1, 2, and 3 are $8, $6, and $9, respectively. (MLOs 3.2 - 3.5) a. Formulate and solve for the recommended production quantities. b. What are the objective coefficient ranges for the three components? Interpret these ranges for company management. g. What are the right-hand-side ranges? Interpret these ranges for company management. d. [f more time could be made available on the grinder, how much would it be worth? e If more units of component 3 can be sold by reducing the sales price by $4, should the company reduce the price