make whoopee vs fete

make whoopee is not a noun while fete is a noun.

Word	Noun	Adjective	Verb	Adverb
make whoopee	No	No	Yes	No
fete	Yes	No	Yes	No

As verbs, fete is a hypernym of make whoopee; that is, fete is a word with a broader meaning than make whoopee:

make whoopee: celebrate noisily, often indulging in drinking; engage in uproarious festivities
fete: have a celebration

Other hypernyms of make whoopee include celebrate.

make whoopee (noun)	fete (noun)
	an organized series of acts and performances (usually in one place)
	an elaborate party (often outdoors)

make whoopee (verb)	fete (verb)
celebrate noisily, often indulging in drinking; engage in uproarious festivities	have a celebration