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please solve in excel with detail please. The WrenchesRUs Company produces three types of wrenches (W1, W2, and W3) for a single customer. That customer
please solve in excel with detail please.
The WrenchesRUs Company produces three types of wrenches (W1, W2, and W3) for a single customer. That customer has issued a firm order for 2000 W1 wrenches, 3750 W2 wrenches, and 1700 W3 wrenches. Between now and the required order delivery date, the company has only 16500 fabrication hours and 1600 inspection hours with no prospects of increasing those hours. However, the company can subcontract another company to make a portion of the order with full assurance that the subcontractor has the hours and will deliver. For labeling and relations considerations, WrenchesRUs wants to manufacture at least 60% of each type of wrench internally. How many wrenches of each type should the company make in-house and how many should they subcontract of each wrench? The company wants to minimize their total variable cost to deliver the wrenches demanded on time. Please see the table below for WrenchesRUs data. ease show the formulation of this LP problem. DO NOT solve the LP problem; just do the formulation in a complete Id careful manner similar to those shown and outlined in your TextbookStep by Step Solution
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