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Two Wheeler Cycle Shop buys all of its bikes from one manufacturer, Baxter Bikes. On average, bikes are on hand for 42 days before Two

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Two Wheeler Cycle Shop buys all of its bikes from one manufacturer, Baxter Bikes. On average, bikes are on hand for 42 days before Two Wheeler sells them. The company sells some bikes for cash but also extends credit to its customers for 25 days. Required: The minimum operating cycle of this company when the bikes are sold for cash is 12 days and the maximum operating cycle is based on the fact that an operating cycle begins when and ends when . The manufacturer, Baxter, would have a longer operating cycle than that of Two Wheeler, the retailer, because it takes a longer time

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