3. (Solve questions 3-5 based on the information given in this question) A small component Assembly line unit has a market demand of 38,400 units per year. The line operates 40 weeks/year, 5 shifts per week and 8 hours per shift. The company has a single assembly line and assembly work contains the following work elements in the table. Each station is assigned with one operator. The expected line efficiency is 0.96. What is the cycle time for this assembly line? (7 pts) Work elements Duration (min) Precedence's 1 0.7 2 1.4 3 1.3 1 14 2.2 1,2 5 2.3 2 6 1.1 3 7 0.6 4,5 18 0.9 6,7 9 2.4 8 10 0.6 8,9 11 0.3 10 12 0.8 11 a) b) c) d) e) 0.017 min 3.1 hour 2.4 min 0.4 min 2.7 min