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Baggini Accuses Pessimists of Mixing Up the Two Senses of

question 6

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Baggini accuses pessimists of mixing up the two senses of

Understand and calculate days' sales in work in process inventory.
Understand and calculate work in process inventory based on given days' sales.
Understand the lean business model and its application beyond manufacturing.
Understand how days' payable outstanding is calculated and interpreted.

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