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Introduction to Ecosystem Function

is the time s...

Question

______ is the time span between the receipt of raw material and their conversion into finished goods.

A

Working capital management

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B

Production cycle

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C

Industry cycle

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D

All of the above

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Solution

The correct option is B Production cycle
The production cycle time refers to the time required for converting the raw materials into finished goods. Higher this time higher would be the time of blocking funds in the working capital.

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