Oakwood Company produces maple bookcases. The following information is available for the production of a recent order of 500 bookcases.

Process time ..................................6.0 days

Inspection time ...............................0.8 days

Move time .....................................3.2 days

Wait time .......................................5.0 days

1. Compute the company's manufacturing cycle time.

2. Compute the company's manufacturing cycle efficiency. Interpret your answer.

3. Management believes it can reduce move time by 1.2 days and wait time by 2.8 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct.