Q1) Below are the number of cars, which are still under warranty, that show up for repairs with engine problems at authorized car repair shops for XYZ brand model 3. The XYZ company executives are worried what is going to happen with the number of cars with engine problem, not only it is possibly going to ruin their brand’s reputation but also they have to pay the repair cost since the cars are under manufacturer’s warranty. They provided us with real data for the months 1 through 7 of the year
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2012 HINDUSTAN ZINC LIMITED Mohit Parikh (2011159) [RATIO ANALYSIS AND EXPLORATORY RESEARCH ON TRAINING EFFECTIVENESS AT HINDUSTAN ZINC LIMITED DEBARI SMELTER] Completed under the able guidance of PROF. RAJ V. AMONKAR 1 Acknowledgement At the outset I would like to thank Vedanta for providing me the opportunity to attend the summer internship program at Hindustan Zinc Limited Debari Smelter. The Summer Internship Program has been a great value addition to my profile and I hope to contribute
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The cheapest and best sources of cash exist as working capital right within the business. Sound management of working capital will generate cash which will improve profits and reduce risks. The cost of providing credit to customers and holding inventories can represent substantial proportion of the total profits of a firm. The investment in raw materials, work-in-progress, finished goods and receivables often varies a great deal during the course of the year. Typically, current assets are supported
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Chapter 6 Essay Question In the case of Ron and Lois, they are both department managers with Litwins department store. Lois is the manager of housewares department and Don is the manager of the shoe department. Ron has observed Lois taking inventory from her own department home, apparently without paying for it. He hesitates confronting Lois because he is due to be promoted, and needs Lois' recommendation. He also does not want to notify the company management directly, because he doesn't want
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Two Readings on Working Capital Management Keys To Successful Working Capital Management From the perspective of the Chief Financial Officer (CFO), the concept of working capital management is relatively straightforward: to ensure that the organization is able to fund the difference between short-term assets and short-term liabilities. In practice, though, working capital management has become the Achilles' heel of scores of finance organizations, with many CFOs struggling to identify core
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1. Diagnose the underlying causes of the difficulties that the JITD program was created to solve. What are the benefits and drawbacks of this program? In your answers, consider the Barilla and distributors points of view (400-500 words). Late in the 80’s of the 20th century, Barilla SpA, faced increased difficulties caused by the variability of its distributors demand, these difficulties translated into augmented inefficiencies and rising costs of production and distribution of finished products
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300 400 500 200 1800 Costs Regular time: $2/unit Overtime: $3/unit Subcontract: $6/unit Inventory: $1/unit Backorder: $5/unit They now want to evaluate a plan that calls for a steady rate of regular-time output, mainly using inventory to absorb the uneven demand but allowing some backlog. Overtime and subcontracting are not used because they want steady output. They intend to start with zero inventory on hand in the first period. Prepare an aggregate plan and determine its cost using the preceding
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Tootsie Roll Industries Inc. Hope Benites, Daniel Hardesty, Derrick King, Muna Al Waidh ACC/561 June 25, 2012 Larry Key Tootsie Roll Industries Inc. Tootsie Roll Industries has been an American favorite for well over 100 years. “Beginning in a modest New York candy store with the Tootsie Roll's introduction in 1896, the Chicago-based company has grown to become one of the country’s largest candy
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What is the right supply chain for your product? by Marshall L. Fisher Introduction Much technology and brain power has been applied to improve supply chains. Companies are able to capture customers’ voice by using sophisticated marketing tools. Their goal is the accurate and quick response to market demands. Mass customization, automated warehousing and agile manufacturing are the means leading to that goal. Despite these efforts, many supply chains have never been worse. Adversarial
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Comcast Inventory Systems. Comcast is the largest provider of cable and broad band internet service in the United States. Being in sells I don’t have a lot of dealings with inventory issues for the equipment that is required to enjoy our service, but the inventory issues dealing with equipment can affect my bottom line and earnings. Comcast uses many systems for inventory control. We use a warehouse management system for regions this allows us to maintain a large inventory of equipment to be distributed
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