9 Operating and Cash Cycles processing and manufacturing firm. The production engineer has said that the cash cycle of your firm should always be longer than its operating cycle. Do you agree with this? Explain why or why not. You have just been appointed as financial manager of a food 10 Shortage Costs Assume you work for Evraz plc, the coal and iron ore miner. What would be the costs of shortages in such a firm? Explain using examples