cash conversion cycle

Question
1 page at a minimum. Use an example to illustrate the point. You are writing for someone who know nothing of the subject. Tell them what they need to understand to understand the subject. Does not need citing. There are some items that need to be included which are included under each question.

What can be done to shorten the cash conversion cycle? What is the benefit to the firm from doing so? (Provide math example).

Follow the cash going out to the cash coming back in

Ideally 0 for working capital

Use more JIT inventory

Change production line and add 2nd shift

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