What is your opinion of hondas allowed rate

Assignment Help Operation Management
Reference no: EM13233781

Honda Motor Company has discovered a problem in the exhaust system of one of its automobile lines and has voluntarily agreed to make the necessary modifications to conform with government safety requirements. Standard procedure is for the firm to pay a flat fee to dealers for each modification completed. Honda is trying to establish a fair amount of compensation to pay dealers and has decided to choose a number randomly selected mechanics and observe their performance and learning rate. Analysis demonstrated that the average learning rate was 90 percent, and Honda then decided to pay a $60 fee for each repair (3 hours x $20 per flat-rate hour). Southwest Honda Inc., has complained to Honda Motor Company about the fee. Six mechanics, working independently, have completed two modifications each. All took 9 hours on the average to do the first unit and 6.3 hours to do the second. Southwest refuses to do any more unless Honda allows at least 4.5 hours. The dealership expects to perform the modifications to approximately 300 vehicles. What is your opinion of Honda's allowed rate and the mechanics' performance?

Reference no: EM13233781

Questions Cloud

How you identify a protected item in a uml diagram of c : How would you identify a protected item in a UML diagram of C++
Find the u.s. productivity rate : as a library or internet assignment , find the U.S. productivity rate (increase) last year for (a) national economy , (b) manufacturing sector , and (c) service sector.
What is the marginal cost of buying a fifth gallon of milk : Ralph wants to buy some milk and a box of cereal. If Ralph buys 4 gallons of milk at $3.00 per gallon, the box of cereal costs $2.00. If he buys 5 gallons of milk, the box of cereal is free. For Ralph, the marginal cost of buying a fifth gallon of..
Determine what is the yield-return on the bond : A corporate bond has a face value of $10,000 with a bond rate of 10%. The interest of the bond will be paid quarterly. The bond will mature in 10 years. If the bond is sold at $8,500 on the market, what is the yield (return) on the bond
What is your opinion of hondas allowed rate : What is your opinion of Honda's allowed rate and the mechanics' performance?
Explain what effect will this error have on final result : A student allowed several air bubbles to enter his eudiometer tube. He ignored the error and proceeded with the experiment. What effect will this error have on his final result? Explain your rationale.
What are preprocessor directives used prevent multiple : What are the preprocessor directives used to prevent multiple includes in C++? Where do you put them in the code
What rate of return did he receive on the investment : An investor purchased 100 shares of Omega common stock at $80 a share plus $20 commission for the transaction. He held the stock for nine years. For the first four years he received annual end-of-year dividends of $6 per share.
Define the equilibrant and resultant vectors : What is the difference between a vector's x scalar component, How do equilibrant and resultant vectors relate to each other

Reviews

Write a Review

Operation Management Questions & Answers

  Examples of companies that fall under the global strategy

Provide examples of companies that fall under the multi-domestic or global strategy. Briefly identify their strategies.

  Companys pay structure is fair to women and minorities

You have been asked to evaluate whether a companys pay structure is fair to women and minorities.

  What is the average holding cost per year

It has orders fo about 12,000 flashing lights per year and hasthe capability of producing 100 per day. Setting up the light production costs $50. The cost of each light is $1 The holding cost is $0.10 per light per year.

  Problem on project management

Maurice Micklewhite has decided to replant his garden. Show him what the cost is of making an erroneous decision at various stages of the project, starting with conceptual design and ending with the ongoing maintenance of the garden.

  Should there be greater government regulation with respect

Using article as a base, address explains how globalization affects: organizational behaviour, leadership also ethics. Word count one page this was already done.

  Determine the mad

Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations at the seminar given in problem 4.10 to begin the procedure.

  What is the optimal order quantity

The annual holding cost rate is 40%, annual demand is 900, and the order cost is $20 per order. The lead time is 4 days. The store is open 300 days per year. What is the optimal order quantity?

  What is the size of your potential target market

What is the size of your potential target market?

  Illustrate what is yearly setup and holding cost for item

Illustrate what is the yearly setup and holding cost for this item. Assume instead of small bolts we were talking about a bulky item such as packaging materials. Illustrate what problem might there be with your analysis.

  Many managers have great technical skills

Many managers have great technical skills; their technical capabilities may be the reason why they were promoted into the ranks of management

  Discuss different types of organizational strategies

What are the different types of organizational strategies? What are the differences among these strategies? How do you determine which type of strategy is most appropriate for your organization?

  Estimate the value of mean absolute deviation

What is the value of the mean absolute deviation (MAD) for the forecasting technique whose forecasts for four past periods and the subsequent actual values are given below?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd