Hornish Co

question 101

Multiple Choice

Hornish Co. had net sales of $5,265 million and accounts receivable of $225 million. Its days' sales uncollected was:

• A) 81.8.
• B) 19.4.
• C) 2.98.
• D) 65.2.
• E) 15.6.

---

Definitions:

Assignable Causes

Specific reasons for variations in a process that can be identified and often corrected, unlike random causes that are inherent to the process.

Natural Causes

Reasons or factors that occur in nature and cause events or conditions without human intervention.

Statistical Process Control

The application of statistical methods to monitor and control a process to ensure that it operates at its full potential to produce conforming product.