Question: An accounts receivable manager processes 2 0 0 checks per day with an average processing time of 1 5 working days. Use the Excel template
An accounts receivable manager processes checks per day with an average processing time of working days. Use the Excel template Little's Law to find the average number of accounts receivable checks being processed in her office. Round your answer to the nearest whole number.
WIP days:checks
What is the average number of accounts receivable checks being processed if through information technology, she reduces the processing time from days to days to five days? Round your answers to the nearest whole number.
WIP days:checks
WIP days:checks
What are the advantages and disadvantages of adopting this technology?
The new information technology Selectdelaysspeeds upItem the process and simultaneously SelectincreaseslowersItem the average number of checks WIP in the office. This means SelectlessmoreItem cash sooner in their accounts.
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