For sauce, in medium saucepan combine ketchup, vinegar, honey, Worcestershire sauce, chili powder, and garlic powder. Bring to boiling. Reduce heat; simmer, uncovered, 20 minutes, stirring often.
Add hot dogs to the sauce. Simmer, uncovered, 5 to 10 minutes, until plump and heated through. (If desired, thin remaining sauce with water for dipping.) Sprinkle cabbage in each bun. Top with hot dog and chips. Serve immediately. Makes 8 servings.