Using the data in problem 4, assume the operating manager reduces total average inventory on-hand by 21
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Using the data in problem 4, assume the operating manager reduces total average inventory on-hand by 21 percent by using better operations and supply chain methods. What is the revised cash-to-cash conversion cycle in weeks? What does this change in the C2C cycle mean?
Cash Conversion CycleCash conversion cycle measures the total time a business takes to convert its cash on hand to produce, pay its suppliers, sell to its customers and collect cash from its customers. The process starts with purchasing of raw materials from suppliers,...
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Cost of goods soldday CGSD Cost of goods sold valueOperating daysyear 124 CGSD 2080000050 416000 Inv...View the full answer
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Related Book For 
OM6 operations supply chain management
ISBN: 978-1305664791
6th edition
Authors: David Alan Collier, James R. Evans
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