BUS 6073 – Part 2 of the Final Exam 1
Name: ____Jocelyn Webster_______________________ Section: ______________________
Part 2: Case Analysis
Case #1 (25 pts.):
You are consulting with the manager of an Accounts Receivable department of a large
manufacturing company. The manager is concerned that some of the customer accounts are
not being paid promptly under the current payment terms. The current payment terms
specify 14 days for receipt of payment of all bills. Since the manager did not have any hard
evidence, you suggested that the manager collect some data that could then be analyzed.
Based on your advice, the manager collects a stratified random sample over a typical 2-month
period (a random sample of each week’s records for each day the company was open for
business, including Saturday). See the accompanying Excel worksheet (the tab titled, Data –
Case #1) for the sample data.
Conduct the appropriate analysis and present your findings and conclusions as well as your
