Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Sue got her very first good paying job after college and purchased a very expensive car on credit. A year later, Sue lost her job and was forced to take a lower paying job. During this time, she discovered that the car’s transmission was bad and a repair was necessary. When the car was repaired, the bill was more than $1,250. Sue does not have the money to pay for the car repairs, let alone the monthly car payments. Sue fell behind on her car payment and because she was unable to pay the repair bill, the shop was holding the car in the garage. They gave her 30 days to make the payment or risk sale of the vehicle to pay for the repair bill. The finance company went to Sue’s house to repossess the car and found that it wasn’t there. Sue informed them that it was in the shop and gave the finance company the address. The credit company and the repair shop are battling over who has priority of repayment. Who has priority and why?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92180668

Have any Question?


Related Questions in Operation Management

1 most franchises require a significant portion of the

1. Most Franchises require a significant portion of the initial investment to be provided by equity (as opposed to debt), and often require a substantial personal net worth on the part of the principal owner of the franc ...

Discussion forum extra credit - week 1 - lawrence lessig

Discussion Forum: EXTRA CREDIT - Week 1 - Lawrence Lessig: Laws that choke creativity Directions 1. View the Ted videos below: - Lawrence Lessig: Laws that choke creativity or Johanna Blakley: Lessons from fashion's free ...

1 are traditional models is competitive positioning

1. Are traditional models is competitive positioning adequate? If not, why? 2. What are the advantages and disadvantages of manufacturer’s brands versus private-label or store brands? Consider both the retailer’s and cus ...

Assessing strategyin this assignment you will culminate two

Assessing Strategy In this Assignment, you will culminate two Course Outcomes by analyzing a business case: Assess business strategy using a variety of seminal theories, principles, and concepts. Demonstrate college-leve ...

Eric owns a small car wash business he follows a fairly

Eric owns a small car wash business. He follows a fairly simple process to wash the cars. Answer the following question about his process. Assume that the capacity of his equipment is 4 cars at a time and that he starts ...

1 how do you turn curriculum goals into curriculum

1. How do you turn curriculum goals into curriculum objectives?   2. Which of the techniques for improving communication discussed in class would solve the greater number of problems? which technique is the most difficul ...

Good view is a manufacturer of monitors for personal

Good View is a manufacturer of monitors for personal computers.Good View’s newest monitor is X-435 model. The company expects sales of this model to run at the rate of 9,000 per year for a while. The facilities for produ ...

Enactment of technology strategy-creating and implementing

Enactment of Technology Strategy-Creating and Implementing a Development Strategy describes how development projects are traditionally managed and states the bases as to why so many fail and/or not completed on time. It ...

1 can someone explain to me whats chase bank demographic

1. Can someone explain to me whats Chase Bank demographic and psychographic segmentation of the target market 2. Can you differentiate the time orientation between (Germany) Volkswagen and Malaysia ( Perodua) automobile ...

1 which psychological social and economic factors

1. Which psychological, social, and economic factors contribute to consumer decisions? 2. Briefly describe the types of intrapersonal conflict and provide a business-related example for each of these types of intraperson ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As