Sharing Profits and Liabilities of a Pool of Dockers

Article Abstract:

A practical matter in the Rotterdam Harbor where many stevedoring companies established a dockers pool for the purpose of more efficiently using human resources is analyzed. A workload with high fluctuation levels makes this necessary. It divides the drawbacks of the pool for the stevedores and controls the human resource assignment order. The history contributing to this system is considered, the system's organization is reviewed, and mathematical formulations for assignment rules are analyzed. In a decade of research, no correlation was identified for the stevedore's workloads. Three management responsibilities are handled quantitatively: the rules for portion allocation, day to day assignments of dockers, and the fixing of optimal pool size for future operations. The allocation of portions for two months is reviewed in detail. Bad correction factors occurred where firms used peakday workloads as a basis for demand.

Management science, Management, Human resource management, History, Systems engineering, Stevedores, Operations Research

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Sharing the wealth: Toyota announces a revolutionary buy-back

Article Abstract:

Toyota's April 1996 announcement that it is buying back about 1% of its stock for roughly $1 billion signifies a dramatic and favorable change in Japan, Inc. Companies there have long ignored shareholders in favor of bureaucrats, an arrangement that made possible the enormous banking debacle costing some $350 billion. Toyota Chairman Shoichiro Toyoda led a drive to repeal a law that taxed buybacks, and now eight other companies are following Toyota's lead. This heralds the return of the market to its true and proper owners.

Japan, Securities, Securities law, Toyota Motor Corp., Stock redemption

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Do not-for-profits value their customers and their needs?

Article Abstract:

Some not-for-profit organizations are known for giving poor service to their customers. Several reasons can be cited for this, including the lack of job security in such organizations and the low moral of volunteer service workers. This underscores the need for a marketing strategy that will help such organizations value and serve their customers better.

Ethical aspects, Nonprofit organizations

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