...Henry Clements is a friend of yours who has a car rental agency in major metropolitan area. Although he is an independent company he works closely with three other independent companies in metro area. They share information and each they forecast the number of cars each will need the following week. Then if needed, the will transfer cars between location on Sunday when none of the agencies is open. If they have to go and get a car during the week, it will cost $75 each considering the lost time and good will of making the customer wait. Moving on Sunday gives the customer the option to return the car to any of the four locations and it has allowed Henry and the other agencies access to extra cars to meet their needs. Everyone is happy with this arrangement. Henry reviewed his company’s performance and he believes there is room for improvement. He has obtain records for the last three months. The data he collected are shown below. It is Friday and he has to input his forecast for the number of cars needed tomorrow. He knows you are have been taking a class in Quantitative Analysis and has asked you to review his data and help with his forecast and determine what else he might to do increase his performance. As you discuss the situation with him, you learn that he wants to be able to meet the customers’ requirement for a vehicle 95% of the time. He says he rarely ever gets complaints if the exact model is not available, as long as he has a vehicle available, so he...
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...Capstone Case Study Henry Clements Car Rental Agency Directions: Carefully read through the following case study and answer all of the case study questions. Include supporting calculations and screenshots. Save your document with an appropriate file name that includes the activity number and your name (Example: john_smith_capstone). Submit your document through the Capstone Case Study Activity Link in the Exams area in Blackboard. Henry Clements is a friend of yours who has a car rental agency in a major metropolitan area. Although his is an independent company, Henry works closely with three other independent companies in the metro area. They share information and each week they forecast the number of cars each will need the following week. Then, if needed, they will transfer cars between location on Sunday when none of the agencies are open. If they have to go and get a car during the week, it will cost $75 per car, considering the lost time and good will of making the customer wait. Moving on Sunday gives the customer the option to return the car to any of the four locations and it has allowed Henry and the other agencies access to extra cars to meet their needs. Everyone is happy with this arrangement. Henry reviewed his company’s performance and he believes there is room for improvement. He has obtained records for the last three months. The data he collected are shown below. It is Friday and he has to input his forecast for the number of cars needed tomorrow. He knows you...
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...about her. If those people that comment mean things talking about her where not just a profile and was someone face to face we usually wouldn't say things like that. Also in the Vanderbilt’s essay he talks about the road rage and the different types of communication while driving. Many people while driving get very upset with other drivers if they need to be somewhere quickly, or even if the person is driving slower then they want to drive, which cause the person that is behind the person that is going slow to speed up and cut them off. I have seen a lot of incidents where people cut someone off and they want to get pay back on they so they try to cut them off back, then it turns into an accident. Citizens do not understand how dangerous cars and truck are when we are behind the wheel, they can hurt someone very badly plus even kill them. We as people need to understand that our ethical compilations need to help us from being cyborgs, to understand that we have to live our own life without having to use all the new technology. People today are totally cyborgs we use technology in everything we do. We hardly do this that does not consist of new technology advancements. Whenever, people have questions that we need to find answers for we go on our phones or computers to google the answer. New technology has made greater openness possible, but has this...
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...still going to cost you a tidy five-figure sum to buy the necessary parts, materials and paint supplies needed to transform an old car from a worn-out relic to a dazzling show beauty. If you've decided to restore a particular old car because you have a longstanding attachment to that model and are not concerned about its value or whether parts can be easily found, then we applaud you--that mindset should be the primary focus of this great hobby of ours. However, if you enjoy old car restoration but prefer your projects to be easy and relatively cheap to do--with, perhaps, the added bonus of making a few dollars on it when it's done--then these are the cars you should consider for your next venture. Of course, the majority of these cars won't make you stand apart from the crowd at a show or cruise-in, but you will be able to complete their restoration far faster and a whole lot cheaper than if you chose a car that was rare, or had only been made for a few years. Another factor to consider is the actual purchase price of the car. While some of the cars listed here can be bought for around $5,000, others will cost four times as much even if they're basket cases--but keep in mind that those higher-priced cars will also bring four times the money when sold, so it kind of equals out. But the one common feature enjoyed by most of these cars--and the main reason why they are on this list--is that they're backed by a huge parts supply, making them a lot easier to restore...
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...[pic] [pic] ================================== TOYOTA AUTOMOBILES COMPANY BURNASTON A38/A50, DERYSHIRE EAST MIDLANDS DE1 9TA UNITED KINGDOM TEL NO +447017026881 (Customers Care Line) STAR PRIZE WINNER This is to inform you that you have won a BRAND NEW TOYOTA CAMMRY 2013 CAR and a cash prize of (£500,000 00 GBP). The car comes with a special TOYOTA INSURANCE Cover for one whole year that is till the next promotion in 2013. It also comes with a one year warranty and FREE repairs at any TOYOTA AUTOMOBILES depot or service station worldwide. Your Batch No: 515944052/166 and Winning No: 1544 make you as one of the lucky winner in our Charity bonanza and you are advice to keep the information of your winning confidential. Congratulation once again. Please Fill the Information below: TEL NO +448713150480 |1. Full Names: Asif Khan | |2. Your Full Address: Green Park Society, Gulzar House, | |Opp V.t College, Rly Station Road | |3. Your Age: 33 yrs | |4. Your country – India | |5. Your Country– India | |6. Your City...
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...because I got my car from him, so when I get problems in my car he always help me solve it, and I also like about cars, this is why I would like to interview him. I approached he talk with a customer. A Typical Day He told me he love this job, he need to receive many different customers every day, although in these customers Most people will not choose or buy a car, but he still need to patiently explain some information about VW cars to his clients. Mark's work time is Monday to Friday, he generally work from 12 PM to 6 PM, but if necessary he need work later. Like me, I remember the day I buy a car, it spend much time until seven o 'clock. His work is not busy, because every day if there is no customer, he can do some other things in the office. But if a situation, must be immediately returned to the post. Interview Analysis This interview show more new career ideas to me and how to conduct an interview. From this interview I realized that sale cars it not a simple thing. Auto Sales is an important part of consumer spending, it also can reflect Consumers' confidence in the economic outlook at the same time. If cars sales rising, generally indicates the country's economic in stable growth and consumers' enhancing of consuming conscience, it is good for country's currency, at the same time may be accompanied by rising interest rates in the country and Stimulate the country's currency exchange rate to rise. Obviously I don't have much ideas about cars impact on the economy...
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...are due to three crucial parts: • Torsion Spring: The torsion spring has a surprising amount of constant pressure and over time weakens and can no longer function or breaks. • Cables: These cables will fray and stretch over time causing the garage door to become out of alignment or cease to work. • Garage Door Opener: These machines are a must have for a homeowner, but over time parts can wear out. Oft times just putting new batteries in the transmitter will allow them to resume working flawlessly, but at times a repair is needed. Torsion Spring The most common problem with a garage door is the torsion spring. The spring can become weak with age, and this will make it harder to raise your garage door. If this spring breaks completely, your car could even be stuck in the garage until making a repair....
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... What I find to be awesome is cars. Cars are the best thing to ever happen to this world. Where would we be without cars? Cars are the signature to most advancement. Cars are fast. Cars are classic. Cars are just amazing. I’m sure most people don’t ever stop to admire a car. Cars are amazing if you actually know about them and know what you like. There is amazing cars all over the world I have lots of cars I really like. Cars are an art. Nothing is better than the bond you can make by building your own car. It’s a whole other feeling. Cars are amazing. For three reasons. First reason is that they are fast. In my opinion of a good fast car. I would get a 1967 Ford Mustang Shelby GT500. Just because that’s my style. This car is rolling fast yea there is faster imports, but this is classic, friendly but crazy fast. This is a beast on 4 wheels. 271 horse power you bet its fast. This car goes from 0-60 in 4.3 seconds. This is just one of the millions of cars out there. Cars are legit the best past time because of their incredible speed. Another fast car is the 1987 Grand National. This car is fast and slick, you need a getaway car this is your car. Its precise steering with the right driver you can drive miracles. It goes from 0-60 in 4.8 seconds. No matter what car you have you get or are thinking of getting how fast is it or how fast does it go is always one of the questions you ask. Okay so the second reason I think Cars are amazing is because they are...
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...new car and Bob lets you borrow one of the new cars on his lot for a week to test drive. You decide you like the car and when you visit Bob to drop off the car, he hands you the following document and a pen May 1, 201x I promise to pay to the order of Bob's Auto Emporium $20,000 (Twenty thousand dollars) with interest at the rate of 7% per annum. What type of instrument is this? Does this instrument meet the requirements for negotiability under the UCC? INDIVIDUAL WORK The above example is a partial Promissory Note. The reason that it is a partial promissory note is because the document is missing key values to become a full legal document. The above example does not state all the requirements that need to be meant as the payments are being made. It also does not have the time frame for which the payments are to be received and the time frame to pay the balance in full. The example does not meet the requirements of the UCC due to it does not list what will happen if the payments are not made. The documents also does not state how the payments are to be made and how the payments will be broken down with the interest that is going to be paid for the purchase. The document also does not have the full date that the documents was created. The document would also need to be signed by the owner of the car company which will state that he agrees with the term of the promissory note. The way that the document is worded there is no negotiating of the amount for the car or...
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...I had a group of people, and along with myself, we built a Rube Goldberg machine out of household items. Did the machine work overall? Well, the machine worked all the way through once, and some of the other times we had to help it. What were some of the Oh-No moments while working on the machine? We had quite a few fail moments during the time we worked on our crazy contraption. A lot of times we would have either the marble fall off the track, or the dominoes would fall sideways. Another moment was trying to get the wheel and axle step to work normally, and it only worked a few times throughout all. What were some of the good Ah-Ha moments? We had some good moments despite all the bad ones. The one time we got the machine to work...
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...for used car versus new cars. The supply and demand for used car continue to increase. We see a trend from 1995 to 1999 and again from 2009-2010 (2011 not release yet) for used car sales increased. Increase in demand due to high gas prices and the short supply of Japanese small new cars. We find a significant demand response, as nearly half of the decline in sales of U.S. manufacturers from 2002-2010 was due to the increase in gasoline prices. On the other hand, a gasoline tax increase would have a modest effect on average fuel efficiency. The effect of prices of used cars on the demand for new cars are mixed, customers are looking for more efficient cars, and less payments. The recession in the United States is driving more costumers to buy used cars since they are more affordable; also the earthquake in Japan created a short supply for small cars in the market, bringing more opportunity for the used car to be in demand. One thing to keep in mind because of the demand for small cars and compact cars is rising, the dealerships are selling used cars for more than their actual MSRP, and the customers are buying them, therefore moving the economy in the right direction. We the used car prices increasing and Japan being able to continue manufacturing small and compact cars, customers are beginning to lining more and more for new cars. We the high prices of gasoline, the used car mind set is changing creating a demand for more small, compact and gas efficient cars.. More fuel...
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...En: Macro | * The effect of 2008 recession has impacted the company. * A new car for the new driver is the socio-cultural factor targeted. | * Focuses on environmentally friendly cars. * Technological innovations have given Toyota competitive advantage. | Management Structure | * Reduced layers of management as a part of restructuring. * Leaner and less costly management. | * No separation of oversight and execution. * The board retains responsibility for execution. | Operational & Financial Issues | * Even though Ford had applied for government loans it opted not to seek government loans. * It is now having a positive net profit. | * Toyota has superior supply chain management with JIT in place. * Toyota is not making a positive profit. | Analysis of Strategic Intent | * Ford wants to be profitable by 2011. * It wants electrification of its cars. | * Achieving a larger global market share. * Serving the nation of Japan. | External Challenges: | * Widening political environment in the US * Sluggish economic recovery in the US. | * Aging global population, not interested in new car models. * Weakening power of the Yen. | Current Manufacturing | * Lean and lower cost after workforce reduction. * Focused on electrification of cars. | * Advantage from JIT and supply chain management. * Modular design of cars makes manufacturing flexible. | Facilities & Distribution System | | *...
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...management role and not to be involved in the day-to-day operations of the dealership. The profits of the dealership were fundamentally important to Rusty’s future lifestyle. As the founding owner of the dealership in 1968, he had seen the dealership grow to the current sales level of approximately 600 new cars and 600 used cars annually. His service facility has also expanded to 18 service bays. In Rusty’s opinion his long standing policy of emphasizing new car sales as the principle business of the dealership had lead to the growth. He also attributed this to developing the customers and playing close attention to the customer’s needs. Most customers both new and used had returned to the dealership several times to make additional purchases. The latest income statement is shown in the exhibit along with an analysis of the service department expenses. To accomplish semi-retirement Rusty needed to make organizational changes. Talking with his daughter, a recent Laurier MBA graduate, he felt that the profit centre approach would best fit his requirements. Thus the dealership was divided into three profit centres. The new cars sales department was to be run by Sue Me, the used car sales department by Le Mon and the service department by Otto Baun. All of these people had been key players at the dealership for the past ten years. Each manager was told to run their department as if it was an independent business. Under the profit centre approach each manager would receive their...
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...are Tobacco and Car emissions. The government has recently tired to prevent people from smoking, In 2009 President Obama came out with an act called Tobacco control Act of 2009 and said, “ The legislation takes measures to prohibit tobacco companies from marketing to children such as making candy flavored cigarettes. It also further limits misleading advertising such as the use of word such as "light" with tobacco products.” As you can see that the government of America and also the government of Canada are trying their best to prevent young people and old from smoking and preventing the retailers selling tobacco to people under age or below 19-20. As I was researching for my project, I came across very interesting articles but they were all different from each other, some said that tobacco and pollution (car emission) are the cause of Lung cancer cases, or that no they are not, or that the rates have gone up for tobacco and car sales, or some would say they haven’t. I tired my best to collect the best of the best. It is suspected that tobacco with its negative reputation that is the larger causes of lung cancer, but other says that car emission is also a cause of lung cancer, so I decide to pick this study and find that data’s for which is really the cause of lung cancer or nether are the primary indicators of future lung cancer cases. The Data I collected was all from www.E-Stat.com. It took a good 2-3 days for me to collect the right data because every data had different...
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...analysis. In particular, you will investigate which service department activities appear to drive or cause departmental overhead. The data you will use is from a proprietary database which contains detailed departmental (i.e. USED, NEW CAR, SERVICE, BODY SHOP) financial information for approximately 250 U.S. car dealerships. The data is in EXCEL format and is called ABC.xls. We will direct our attention to the service department overhead which includes the following costs: office supplies; tools; advertising; policy expense; laundry and uniforms; travel and entertainment; membership dues; legal and auditing; freight and express; telephone; postage; training; bad-debts; data processing; heat/light/power/water; equipment repair and maintenance, plus other miscellaneous departmental expenditures. As you are well aware, because a dealership’s annual overhead amounts are highly serially correlated from one year to the next, we will need to conduct our analysis in changes. The spreadsheet contains the following variables: dOH = The change in service department overhead costs. dSALES = The change in service department sales revenue dSUB = The change in departmental revenues that were subcontracted out-of-shop dUCRET = The change in the number of USED CAR retail sales units sold dUCWHOLE = The change in the number of USED CAR wholesaled (auctioned) units sold dIRO = The change in the number of Internal (Dealership) Repair Orders dRRo = The change in the number...
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