Question: Please solve with Excel solver, show excel tables with explanations The Spring family has owned and operated a garden tool and implements manufacturing company since

Please solve with Excel solver, show excel tables with explanations
The Spring family has owned and operated a garden tool
and implements manufacturing company since 1952. The
company sells garden tools to distributors and also directly
to hardware stores and home improvement discount chains.
The Spring Companys four most popular small garden
tools are a trowel, a hoe, a rake, and a shovel. Each of these
tools is made from durable steel and has a wooden handle.
The Spring family prides itself on its high-quality tools.
The manufacturing process encompasses two stages. The
first stage includes two operationsstamping out the metal
tool heads and drilling screw holes in them. The completed
tool heads then flow to the second stage, which includes an
assembly operation where the handles are attached to the tool
heads, a finishing step, and packaging. The processing times
per tool for each operation are provided in the following table:
Tool (hr./unit) Total Hours
Available per
Operation Trowel Hoe Rake Shovel Month
Stamping 0.040.170.060.12500
Drilling 0.050.140.14400
Assembly 0.060.130.050.10600
Finishing 0.050.210.020.10550
Packaging 0.030.150.040.15500 The steel the company uses is ordered from an iron and
steel works in Japan. The company has 10,000 square feet
of sheet steel available each month. The metal required for
each tool and the monthly contracted production volume
per tool are provided in the following table:
Sheet Metal (ft.2) Monthly Contracted Sales
Trowel 1.21,800
Hoe 1.61,400
Rake 2.11,600
Shovel 2.41,800
The primary reasons the company has survived and
prospered are its ability always to meet customer demand
on time and its high quality. As a result, the Spring
Company will produce on an overtime basis in order to
meet its sales requirements, and it also has a long-standing
arrangement with a local tool and die company to manufacture
its tool heads. The Spring Company feels comfortable
subcontracting the first-stage operations because it is
easier to detect defects prior to assembly and finishing. For
the same reason, the company will not subcontract for the
entire tool because defects would be particularly hard to
detect after the tool was finished and packaged. However,
the company does have 100 hours of overtime available
each month for each operation in both stages. The regular
production and overtime costs per tool for both stages are
provided in the following table:
Stage 1 Stage 2
Regular
Cost
Overtime
Cost
Regular
Cost
Overtime
Cost
Trowel $6.00 $6.20 $3.00 $3.10
Hoe 10.0010.705.005.40
Rake 8.008.504.004.30
Shovel 10.0010.705.005.40
The cost of subcontracting in stage 1 adds 20% to the
regular production cost.
The Spring Company wants to establish a production
schedule for regular and overtime production in each stage
and for the number of tool heads subcontracted, at the minimum
cost. Formulate a linear programming model for this
problem and solve the model using the computer. Which
resources appear to be most critical in the production process?

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