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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?
Provide examples of companies that fall under the multi-domestic or global strategy. Briefly identify their strategies.
You have been asked to evaluate whether a companys pay structure is fair to women and minorities.
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.
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.
Using article as a base, address explains how globalization affects: organizational behaviour, leadership also ethics. Word count one page this was already done.
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.
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?
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; their technical capabilities may be the reason why they were promoted into the ranks of management
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?
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?
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