a. C. 1. A firm's operating cycle (OC) is 110 days and its cash conversion cycle (CCC) is 30 days. The amount of resources needed to support its CCC include is $132,000 of inventory and $45,000 of cash. What does the firm's operating cycle (OC) measure? (3 points) b. What does the firm's cash conversion cycle (CCC) measure? (3 points) Why is the firm's OC different from its CCC? Why is it important for the firm to know both cycles? (4 points) d. What do the resources needed to support its the CCC indicate to the firm? Why is it important for the firm to know these amounts? (4 points) Suppose the firm wants to shorten its CCC. (3 points each) i. Why would the firm want to shorten its CCC? ii. What is one way it can shorten its CCC? 2. A firm's economic order quantity for its inventory of notebooks is 987. It requires 4 days of safety stock and it takes 3 days to receive shipments of notebooks, once an order is placed. How will the firm use its EOQ to manage its inventory of notebooks? (4 points) b. How do the safety stock requirement and time to receive shipments impact its notebook inventory management? (4 points) e. a. a. C. 1. A firm's operating cycle (OC) is 110 days and its cash conversion cycle (CCC) is 30 days. The amount of resources needed to support its CCC include is $132,000 of inventory and $45,000 of cash. What does the firm's operating cycle (OC) measure? (3 points) b. What does the firm's cash conversion cycle (CCC) measure? (3 points) Why is the firm's OC different from its CCC? Why is it important for the firm to know both cycles? (4 points) d. What do the resources needed to support its the CCC indicate to the firm? Why is it important for the firm to know these amounts? (4 points) Suppose the firm wants to shorten its CCC. (3 points each) i. Why would the firm want to shorten its CCC? ii. What is one way it can shorten its CCC? 2. A firm's economic order quantity for its inventory of notebooks is 987. It requires 4 days of safety stock and it takes 3 days to receive shipments of notebooks, once an order is placed. How will the firm use its EOQ to manage its inventory of notebooks? (4 points) b. How do the safety stock requirement and time to receive shipments impact its notebook inventory management? (4 points) e. a