An accounts receivable manager processes 200 checks per day with an average processing time of 15 working
Question:
An accounts receivable manager processes 200 checks per day with an average processing time of 15 working days. Use the Excel template Little’s Law to find the average number of accounts receivable checks being processed in her office. What if through information technology she reduces the processing time from 15 to 10 days to five days? What are the advantages and disadvantages of adopting this technology? Explain.
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WIP R T 200 checksday15 days 3000 checks WIP R T 200 checksday10 ...View the full answer
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Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
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Related Book For 
Operations And Supply Chain Management
ISBN: 9780357131695
2nd Edition
Authors: David A. Collier, James R. Evans
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