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Smithton Metal Products has recently accepted a contract to deliver three types of flywheels (Economy, Durabilt, and Superfly) to a new customer. Quantities required are

Smithton Metal Products has recently accepted a contract to deliver three types of flywheels (Economy, Durabilt, and Superfly) to a new customer. Quantities required are as follows:

Economy 1000 units

Durabilt 3100 units

Superfly 1600 units

The flywheels are manufactured through a three step process as follows:

Production Time Required (hours)

Available Capacity

Economy

Durabilt

Superfly

Cuttting

1.5

1.5

2.5

8000 hours

Grinding

2

3

3.5

10,000 hours

Finishing

1

2

4

6,000 hours

The order must be delivered by December 31, or Smithton is subject to a significant late penalty. Given the production time requirements, management is concerned that the deadline cant be met using in-house resources only. Fortunately, Smithton has a long-time relationship with another manufacturer, East Cleveland Fabricating, who may be able to produce some of the flywheels. Respective manufacturing costs are shown below:

Economy

Durabilt

Superfly

Smithton

$52.00

$83.00

$128.00

East Cleveland

$61.00

$96.00

$145.00

I need help solving these problems in excel. Thanks.

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