In A(n) ______________________________ Billing System, Invoices Are Prepared After the Goods

question 43

Short Answer

In a(n) ______________________________ billing system, invoices are prepared after the goods have been shipped and the sales order notification has been matched to the shipping's billing notification.

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Definitions:

Fill Orders

The process of completing a customer's purchase order by preparing and dispatching the ordered goods.

Delivery Cycle Time

The total time taken from receiving an order to delivering the product to the customer.

Fill Orders

The process of completing customer orders for goods or services.

Manufacturing Cycle Efficiency

a measure of the efficiency of the production process, typically calculated as the ratio of value-added time (the time spent actually transforming the product) to total cycle time.