Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place.)
Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 40%. When last calculated, Waymouth’s MCE was 35%.
Key measures from the recent month’s production, averaged over all the jobs during that period, are as follows:
| Activity | Average Time (hours) | ||
| New product development | 30 | ||
| Materials handling | 2 | ||
| Order setup | 6 | ||
| Machine maintenance | 3 | ||
| Order |
1 | ||
| Inspection of completed order | 5 | ||
| Pack and move to storage or ship | 2 | ||
| Manufacturing assembly | 24 | ||
| Order taking and checking | 3 | ||
| Receiving and stocking raw materials | 6 | ||
| Inspection of raw materials at start of production | 2 | ||
Required:
Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place.)
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