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This 18-job sample suggests that Work In Process (WIP) inventories took 3.84 days to complete. (92.1/24) That's a process churn rate of 95 times a year. (365/3.84) Try this analysis on your own data. Then noodle it a bit. At your current price yields, how many times must you increase that WIP turnover to produce satisfactory earnings? As you increased turnover couldn't you drop prices and optimize enterprise earnings? Heresy! Shades of Sam Walton.
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