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In evaluating time-cost trade-offs,we start by crashing the task on the critical path that:
Inventory Period
The average time it takes for inventory to be sold and replaced over a period, a key component of efficiency in supply chain management.
Accounts Payable Period
The average duration it takes for a company to pay off its suppliers after receiving goods or services.
Accounts Receivable Period
The mean duration that a company requires to receive payments from credit sales, reflecting the effectiveness of its policies on credit and collections.
Operating Cycle
The period of time between the acquisition of inventory by a company and the receipt of cash from accounts receivable from the sale of that inventory.
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