Risk is a Millennium Motor Sports LLC; Bayside Imports. No other dba was noted. They are located at 202-01 Northern Blvd, Bayside, NY 11361. The lot size approximately 9,000 square feet. Risk is a tenant of this storage lot with designated (50) spaces for storing vehicles. The insured operates with at least 87% capacity filled. There is no indoor vehicle storage. The lot is equipped with steel roll down gate. The lot is closed with a roll down gate at the end of the day. All keys to vehicles are stored safely and securely in the confines of the sales office. The maximum value of any one car here is $84,000.00 [with the average value being $35,000.00. The maximum value of all vehicles that belongs to the insured are being stored here is $1,400,000.00.
You are hired as an assistant brand manager for a popular consumer product. One day in an emergency meeting, the brand manager informs the group that there is a problem with one of the suppliers and that he has decided to send you over to the manufacturing facilities to investigate the problem. When you arrive at the plant, you learn that a key supplier has become increasingly unreliable in terms of quality and delivery. You ask the plant manager why the plant doesn’t switch suppliers, because it is becoming a major problem for your brand. He informs you that the troubled supplier is his cousin, whose wife has been very ill, and he just can’t switch right now. What course of action should you take and why?
For the other part and supplies, the highest safety stock level is 80.85, which is the high performance motor oil. For other products, they are not as high as the motor oil and their safety stock level is fall between 1.82 and 17.99. The arrangement of the stock level is appropriate since the delivery time for the protective covering is one week while the sale and demand for the covers are high. So it is reasonable to have a high stock level. Since the service level is very high (95%), we recommend that the safety level for seat cover can be higher. We can find out that by using the continuous review system the total annual cost of ordering and holding inventory is $6646.57. Also, we find that the holding cost is 30% of the unit cost and the transportation cost for each order is $40. In order to minimize the total inventory cost, Steve’s Tire needs to increase the amount of the high demand products and decrease the low demand safety level. By doing the recommendations above, Steve’s Tire can avoid the extra order cost and the wasted inventory
The financial health of GM has been rocky over the last decade, one remarkable moment being the filing of bankruptcy and the subsequent government bailout. There have been many ups and downs for the corporation but for the last few years (Figure 4) profits again have risen to be the standard. Since the company’s recovery from bankruptcy their status has stabilized financially and in performance. Something is to be said that they have been in business for over 100 years and are still going strong earning them once again the title of top automobile manufacturer of the world.
When it comes to preserving your Cadillac's long-term value, whether trading it in or selling it
Caldwell whose ATV was in the road and he stated it was his that he had bought it from a guy name “Teddy” for $2200. Mr. Caldwell stated that he was driving it when the front left wheel came off and that is why he was seen towing it home. Mr. Caldwell stated it was not stolen because he ran the VIN through VIN check on the internet.
When the Tesla Model S was first released, Consumer Reports named the Electric Vehicle (EV) the most remarkable auto ever tested. The consumer protection publication; that has been looking out for their readers since 1936; said that the Flagship vehicle from Elon Musk’s Motor Company, was essentially flawless. Its performance on the track and in safety testing was second to none. However, due to a drop in quality class; from average to below; the Tesla Model S has been removed from Consumer Reports’ Recommended List.
According to Pep Boys, (2015), a third concept known as Express Service Parts allows Pep Boys to sell automotive parts to the professional installer. This concept began in the mid-1990s (Boys, The Pep Boys--Manny, Moe & Jack SWOT Analysis, 2015). Consequently, with this third concept, Pep Boys is able to keep up and exceed their competition’s standards for customer service. The stakeholder values center around a culture of fair play and honest business dealings in the day by day operation of the company. The stakeholders are as follows; Ichan Enterprises, which hold a major part of Pep Boys stock, stock holders, as well as the supply warehouses that resupply Pep Boys with auto parts (Schaefer,
The first car we looked at was the 85 4runner. It was just under 4,000 dollars, and had only a little over 100,000 miles on it. We got in and drove it around. At the moment I though this is a fair first car. Liking it but not as much as the car I have now. We told the dealer that we were going to keep looking, thinking that we may come back to my first car. After that we went to look at the next car. It was a late 90’s Jeep Wrangler. Before hand I knew Jeeps were always a cool looking car, so I was excited to take a look at this one. When we pulled up we saw the the images on Craigslist were much better than the actually car, like most four wheel drive cars. After seeing it from the car window we still decided to walk around the vehicle and talk to the seller about it. He claims it was
For instance, if you own a midsize sedan from a manufacturer such as Dodge or Chevrolet, have driven it about 150,000 miles over 10 years, you may find that a dealer would credit you somewhere between $1,500 and $2,000 for a trade. Or you can sell it yourself and possibly get an additional $500 or $750. This is a general example, but it will give you the current value of your car.
Tesla Motors Inc. is an American public company which is known worldwide because of its experience in designing, manufacturing and also the selling of electric cars and electric components for vehicles. The motor was started back in the year 2003 in San Carlos, California in the United States (Teslamotors.com, 2014). The company had its headquarters in Palo Alto and at the time of its inception, Elon Musk was its chief executive officer (CEO) (Hunger, 2010).
Don Bradish was recently hired to fix scheduling issues with the new company in which he works, The Fitzgerald Machine Company. There are a few relevant facts that were given in this case study. The first and foremost fact is Mr. Bradish was hired because the company is having issue with their scheduling. This is important because he comes in with a relevant degree and years of experience with a reputable company. He is going to be looked for to find a solution to the issue outlined in the case study. The second relevant fact in the case study is that the company that The Fitzgerald Machine Company is working with is having labor issues. This is considerable because the $300,000 order is a considerably large
Portfolio Project: Tesla Motors Case Study Tesla Motors (Tesla), founded in 2003 by Elon Musk, is an automotive company focused on enhancing Electric Vehicle market by creating optimum performance, all electric, vehicles for every class of consumer (Tesla Motors, 2015). In order to achieve such ambitious goals, Tesla Motors not only designs, but also manufactures, and personally sells the company’s electric vehicles (Hirsch, 2015). As additional quality assurance, Tesla Motors also designs, manufactures, and sells, electric vehicle power-train components, and battery products (Hirsch, 2015). Yet, despite the pivotal role Tesla’s self curated products play in the success of Tesla’s vehicles, the socially responsible company does not privatize Apart from Musk’s concise vision statement Tesla has a truly inspiring mission statement, “At the core, Tesla Motors believes that electric cars should not be perceived as a sacrificial mode of transportation. Tesla Motors has brought the best of both the automotive and technological worlds together by permanently etching the image of electric cars being a step backwards in performance, efficiency, and design” (Tesla Motors, Chiefly, and most apparently, it is the goal of Tesla Motor to generate demand for Tesla vehicles (Andrade, Holloway, Payne, Roy & Sheffield, 2015).
This essay will analyse Tata Motor Company and its motive for internationalization and include the background information on the company then it will go on to consider the definition of theories as well as applying them to the Company. The paper will focus on theories which are Dunning Eclectic paradigm; Learning Theories and Porter Diamond .Tata Motors Company is one of the largest automobile companies in India with a 42 billion organization. Further the product range of automobiles, information and technology is varied and covers almost all the segment of the car market as per the Tata Motors (2014).The research shows (Business Leadership Management (BLM), 2013) the motive for internationalization is due to its acquisition and its ease the
Model, year, condition, nothing matters for them if you are ready to sell the junk car.
As the production cost in China is lower, Sport Shoes. Inc decided to manufacture their product there. One of the advantages of China over western suppliers is their relatively low labour cost. Overall, everything produced in China tends to be cheaper. Cheap manual labour will be provided in China because low wages are paid to the labour and this is the reason why Sport Shoes. Inc chooses to manufacture their product there instead of other countries. As much as having cheap labour in China, quality control will be in issue. People nowadays prefer to buy American products especially those high demand consumer over Chinese product due to their bad reputation of using cheap material and low quality material. And for this reason, it will affect