In: Operations Management
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 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 31%. When last calculated, Waymouth’s MCE was 28%.  | 
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 Key measures from the recent month’s production, averaged over all the jobs during that period, are as follows:  | 
| Activity | 
 Average Time (hours)  | 
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| New product development | 16.0 | ||
| Materials handling | 2.0 | ||
| Order setup | 2.5 | ||
| Machine maintenance | 1.0 | ||
| Order scheduling | 20.0 | ||
| Inspection of completed order | 0.5 | ||
| Pack and move to storage or ship | 0.5 | ||
| Manufacturing assembly | 3.0 | ||
| Order taking and checking | 1.0 | ` | |
| Receiving and stocking raw materials | 1.5 | ||
| Inspection of raw materials | 1.0 | ||
| Required: | 
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 Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e. .123 = 12.3%).)  |