Business operating cycle. Kolman Kampers has a production cycle of 37 days, a collection cycle of 27 days, and a payment cycle of 17 days. What are Kolman's business operating cycle and cash conversion cycle? If Kolman reduces the production cycle by 12 days, what is the effect on the cash conversion cycle? If Kolman decreases the collection cycle by 12 days, what is the effect on the cash conversion cycle? If Kolman increases the payment cycle by 12 days, what is the effect on the cash conversion cycle