Description

QNT 561 Week 4 The Payment Time Case

A consulting firm developed an electronic billing system for a trucking company in Stockton, CA. This consulting firm was ….to reduce the amount of time it takes customers to make payments. The previous billing system averaged 39 days or more to receive a payment and was ….that is unacceptable. The consulting firm randomly pulls 65 invoices from a population of 7,823 to determine if the new billing system can reduce the billing time to half of the current 39 day average down to 19.5 days………