Business operating cycle. Kolman Kampers has a production cycle of 39 days, a collection cycle of 28 days, and a payment cycle of 15 days. What are Kolman's business operating cycle and cash conversion cycle? If Kolman reduces the production cycle by 5 days, what is the effect on the cash conversion cycle? If Kolman decreases the collection cycle by 5 days, what is the effect on the cash conversion cycle? If Kolman increases the payment cycle by 5 days, what is the effect on the cash conversion cycle? What is Kolman's business operating cycle? days (Round to the nearest whole number.)