Toyota vehicle recalls At the end of 2009, Toyota Motor Corporation faced three separate related recalls of automobiles. The first recall, on November 2, 2009, was to correct a possible incursion of an incorrect or out-of-place front driver's side floor mat into the foot pedal well. which can cause pedal entrapment. The second recall, on January 21, 2010, begun after some crashes were shown not to have heen caused by floor mat incursion. This latter defect was identified as a possible mechanical sticking of the accelerator pedal causing unintended acceleration, referred to as Sticking Accelerator Pedal by Toyota. As uf January 28, 2010, Toyota had announced recalls of approximately 5.2 million vehieles for the pedal entrapment/ floor mat problem, and an additional 23 million vehicles for the accelerator pedal problem. Approximately 1.7 million vehicles were subject to both. Thus, investigations on such issues started immediately. On February 8, 2011, findings into the investigation were released After a 10-month search, scientists found no clectronic defect in Toyota vehicles. Driver error or pedal misapplication was found responsible for most of the incidents. The report ended stating. "Our conclusion is Tayota's problems were mechanical, not electrical." This included sticking accelerator pedals. and pedals cought under floor mats. In fact, in 2005. Toyota launched the "Customer First" program, to bring the voice of customers in an attempt to improve the quality of its vehicles. But it was quietly discontinued in early 20X19. A Toyota manager justified its elimination by announcing "We had come to believe that quality was maintained mainly in processes and not in products, and no quality at source was applied," Moreover, when implemented coerectly, any impeovement in quality processes can reduce waste and thus lead to reduced cost and improved profitubility. Therefore, Toystu wanted to know that if paying more in increasing the quality of their vehicles, would pay them the benefits they are aiming for, or it would be just another lost investment. but On October 24, 2013, a jury ruled against Toyotu and found that unintended acceleration could have been caused due to deficiencies in the drive-by-wire throttle system or Electronic Throttle Control System (ETCS). 1) What two functional perspective on quality did Toyotan upply? Justify. 2) According to Juran's trilogy quality theory, in which step of the three was the problem? Justify. 3) Which sphere of the three spheres of quality was Toyota facing problem in? Justify? 4) Which point of 14 points of Deming's quality thenry was presented in the above case? Justify.
In: Operations Management
The Angela’s home cleaning ltd provides home cleaning services. The following is the 1 March 2020 Trial Balance (TB). The company has not made all the March entries but the required info is given below. You will be asked to update the accounts as at 31 March 2020.
angela’s Cleaning COMPANY
Angela’s
Unadjusted Trial Balance
1 March 2020
Cash...................................................................................... $ 5,700
Accounts receivable........................................................... 1,800
Cleaning supplies............................................................... 800
Accounts payable............................................................... 300
Dividend payable................................................................ 500
Dividends ............................................................................ 500 Capital Stock ............................................................................................... 6,000
Retained earnings............................................................... 1,400
Client revenue..................................................................... 5,800
Salaries expense................................................................ 3,100
Travel expense.................................................................... 1,500
Printing expense ................................................................ 600
$14,000 $14,000
the following transaction happened in march
ADJUSTING ENTRIES
Instructions
Please show any working where required.
In: Accounting
(THERE IS NO ADDITIONAL INFORMATION PROVIDED OR NEEDED, SIMPLY NEED THIS CREATED IN EXCEL)
Credit Card Amortization Schedule (MUST BE IN EXCEL)
Starter File Name: None
Difficulty: Level 3
Credit cards can offer people considerable flexibility when it comes to purchasing power. However, this flexibility usually comes at a cost through a high APR on any unpaid balances. If only the minimum payment is made on a credit card balance, this debt could be carried for many years and cost thousands of dollars in interest expense. The purpose of this exercise is to design an amortization schedule for a credit card where only the minimum payment is made. Assume the bank charges an APR of 16% and that the current balance on the credit card is $5,000. The minimum payment is established on a fourteen year repayment period and payments are made at the end of each month. The design of your amortization table must include the following:
Design is limited to one worksheet.
Assume credit card statements are issued on the first day of each month. Show the statement date for each payment and the statement month on the amortization schedule. The date for the first statement is 9/1/2020.
For each payment, show the total payment, how much of the payment is interest expense, and how much is used to reduce the balance of the credit card. The schedule should also show the credit card balance at the beginning of every month.
Once the amortization table is complete, use the data to create a PivotTable on a second worksheet. The PivotTable should show how much total interest is paid each year and the total interest paid on the $5,000 balance after fourteen years. Also show the total amount of principal paid each year. The row heading should be the year sorted in chronological order beginning with 2020. Finally, show the number of payments made each year. Since the first statement is 9/1/2020, the year 2020 will have four payments.
Use column and/or row headings, add titles to your worksheets, and rename the worksheet tabs with appropriate labels. Also, use appropriate number formats on both the amortization worksheet and the PivotTable.
In: Accounting
The following table shows the number of customer complaints against airlines operating in a country during the given year.
| Year | 2002 | 2004 | 2006 | 2008 | 2010 |
| Number of complaints | 9472 | 7448 | 8313 | 10,640 |
16,494 |
Use interpolation to estimate the number of complaints in 2005.
(Round your answer to the nearest whole number.)
The interpolated value for
2005 is _______ complaints.
In: Statistics and Probability
A study of the amount of time it takes a mechanic to rebuild the transmission for a 2010 Chevrolet Colorado shows that the mean is 8.4 hours and the standard deviation is 1.8 hours. If 40 mechanics are randomly selected, find the probability that their mean rebuild time is less than 8.9 hours. Round to four decimal places. A.0.9756 B.0.9605 C.0.4276 D.0.9589
In: Statistics and Probability
Are the following statements true or false? (a) Only about 80% of the current revenues flowing into the Social Security system are needed for benefit payments to current retirees. (b) Between 1980 and 2010, most of the social security surplus was used to reduce the national debt. (c) Changes in demographic conditions during the next two decades will be favorable to the Social Security system.
In: Economics
Several states challenge the Patient Protection and Affordable Care Act (2010) mandate to purchase health insurance. These challenges were meet by a strong government response. In 2012, the US Supreme Court ruled in a 5 to 4 decision that the mandate to purchase was constitutional. From the second e-Activity review the option in the case and explain the Court's rationale for upholding the mandate.
In: Economics
The number of new businesses established in the US since 1990 can be modeled by the function Nx=110.8x^3-5305.5x^2+76,701x+332,892 where x = 0 represents 1990 and the domain is [0, 25].
1) What was the average rate of change in the number of new businesses established between 2000 and 2010? Don’t forget to label and interpret the answers.
In: Advanced Math
c. The standard of living in China is higher than the standard of living in Belgium as the size of China’s real GDP in 2018 (using 2010 constant prices) was USD10,800,568.39 million compared to Belgium’s USD538,738.79 million (figures from the World Development Index Database). Do you agree or disagree with this statement? Refer to the UN Human Development Index to Justify your answer.
In: Economics
In a March 26-28, 2010 Gallup poll, 473 respondents (out of 1033) approved of they way President Obama handled the health care debate (regardless of their opinions on health care policy).
a) What is your point estimate for this proportion?
b) Construct a 95% confidence interval for this opinion. did a significant majority disapprove of how he handled the debate?
In: Math