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Given the following information,compute the efficiency of the system. Actual capacity = 50 units per day
Design capacity = 100 units per day
Actual output = 30 units per day
Transaction Speed
The rate at which a financial transaction is processed from initiation to completion.
Convenience
The quality or state of being convenient, especially in terms of ease of access or use, often used in marketing to describe consumer products or services.
Cash Handling Procedures
Guidelines and methods a company follows to manage and safeguard the cash it receives and disburses.
Accounts Payable
The amount of money owed by a company to its creditors for goods or services that have been delivered or used but not yet paid for.
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