Managing operating assets to create value

Provides the conceptual structure and practical framework for analysing the effects which changes in operating cycle variables will have on economic value. Focuses on important issues and techniques in analysing and managing raw materials, work in process, finished goods and accounts receivable. Addresses single and joint effects of changes in the operating cycle on additions to value. Illustrates the amplification effects of improvements in the operating cycle. Contains simplified sample analysis to allow one to focus on conceptual and practical issues rather than complex numbers.