Exercise 12-37 Operational Performance Measures (Appendix) {LO 12-8) Hiawatha Hydrant Company manufactures fire hydrants in Oswego, New York. The following information pertains to operations during May. Processing time (average per' batch] 5.60 hours Inspection time (average per batch] 1.15 hours- Naiting time (average per batch) 1.15 hours Hove time [average per batch) 1.15 hours Units. per batch 29 units. Required: 1. Compute the manufacturing cycle efciency. {Do not round intermediate calculations. Round your nal answer to the nearest whole percent} 9. Compute the manufacturing cycle time. {Do not round intermediate calculations. Round your nal answer to 2 decimal places.) 3. Compute the velocity. {Do not round intermediate calculations. Round your nal answer to 2 decimal places.) Velocity