Human Resources Enterprise Background Mabuchi Motor Company is the world ’s number one manufacturer of small electric motors. The company holds 70% of the market for motors used with automotive‚ toys‚ computer‚ industry. All started in 1946 when Kenichi Mabuchi (now the company ’s honorary chairman) founded "Kansai Rika Kenkyusho‚" a scientific research institute. He created the world ’s first high performance horseshoe-shaped magnetic motor in 1947. On January 18‚ 1954‚ Kansai Rika Kenkyusho
Premium Management Quality assurance
job costing Definition (according to business dictionary) An order-specific costing technique‚ used in situations where each job is different and is performed to the customer’s specifications. Job costing involves keeping an account of direct and indirect costs. Since both types of costs are usually closely related (a job requiring high input of labor and material is likely to consume more power‚ machine time‚ supervision time‚ inspection time‚ etc.) indirect costs may be applied as an estimated
Premium Cost accounting Costs
Richard Temple Consolidated Electric Case Study 3/30/2012 Consolidated Electric Case Study 1. Design an inventory control system for Consolidated Electric based on the case. Consolidated has a few problems with their inventory control. They have a purchasing agent doing periodic checks of their inventory without reviewing their history and the demand. The lack of a computer inventory system is another problem that Consolidated must address. To design a system
Premium Inventory Supply chain management
Absorption Costing -Overview 1. Overview of Absorption costing and Variable Costing 2. Review how costs for Manufacturing are transferred to the product 3. Job Order Vs. Process Costing 4. Overhead Application -Under applied Overhead -Over applied overhead 5. Problems with Absorption Costing 6. Concluding Comments Absorption Costing The focus of this class is on how to allocate manufacturing costs to the product. -Direct Materials -Direct Labor -Overhead Absorption
Premium Manufacturing Management accounting Variable cost
PRO/CON: Should the government subsidize electric cars? By McClatchy-Tribune‚ adapted by Newsela staff on 01.08.14 Word Count 1‚431 Angie Vorhies plugs in the charging cord to her Nissan Leaf electric vehicle at a mall on Nov. 13‚ 2013‚ in San Diego. Photo: AP Photo/Lenny Ignelzi PRO: Don’t pull the plug on electric cars BLOOMINGTON‚ Ind. — It would be very unwise to “pull the plug” on electric-car subsidies at this time. The government money helps support the car industry and make up for tough regulations
Premium Automobile Internal combustion engine Electric vehicle
Company Background and Key Factors Waltham Motors was originally a family owned business. The sole product manufactured was electric motors of a single design that were sold to household appliance manufacturers. In late 2003‚ Marco Corporation acquired it as their subdivision. Marco’s management decided to observe Waltham Motors current operating procedures and systems on order to see how well they are functioning. In April 2004‚ Sharon Michaels‚ was transferred from the corporate headquarters
Premium Variable cost Costs Fixed cost
Introduction In the 1980’s was around the time Author Sharplin researched the Lincoln Electric Company. He dove into the history of the company‚ which was founded in 1895‚ by John Lincoln with $200 and an electric motor he created himself. He discussed how his brother came on board‚ instilling family orientation and Christian values. His brother started a merit program the employees. The employees eventually became shareholders with guaranteed employment‚ and a whole new reason for the
Premium Management United States American Civil War
employed for motion control are called drives and employ any of the prime movers such as diesel or petrol engines gas or steam engines hydraulic motors and electric motors for supplying mechanical energy for motion control. Drives employing electric motors are known as Electrical drives. Fig 1.1 Block diagram of an Electrical Drive The advancement in electric drive system is very much related to the development in the power semiconductor devices technology. The introduction of the Silicon Controlled
Premium Electric motor
Tata Motors was founded in 1945‚ as Tata Engineering and Locomotive Company to manufacture locomotives and engineering products. In 1945‚ Tata began production of steam road rollers with the collaboration with UK manufacture Marshall Sons (Gamble‚ Peteraf‚ & Thompson‚ 2015). In 1994‚ Tata Motors began a joint venture with Damier-Benz/Mercedes Benz to manufacture Mercedes-Benz passenger cars in India (Gamble‚ Peteraf‚ & Thompson‚ 2015). In 2003‚ Tata Engineering changed its name to Tata Motors Limited
Premium Tata Nano Tata Nano Tata Motors
General Electric Case Analysis Case Recap General Electric‚ (GE)‚ is a diversified technology and financial services corporation that has a history of tremendous success. The company’s name is well known across the United States and is recognized by consumers as the “practical innovator” (Crystal & Herskovitz‚ 2010). In order to continue its achievements‚ GE’s strategy is to focus its resources in new product innovation and comprehensive brand positioning. It has created the “Profile” and
Premium Innovation