Question: Exercise 18-43 (Algo) Manufacturing Cycle Time and Efficiency (LO 18-5) A manufacturing company has the following average times (in hours). Transporting product 3.74 Manufacturing product

Exercise 18-43 (Algo) Manufacturing Cycle Time and Efficiency (LO 18-5)

A manufacturing company has the following average times (in hours).

Transporting product 3.74

Manufacturing product 5.95

Inspecting product 3.57

Storing inventory 3.74

Required: Calculate the manufacturing cycle efficiency. (Round final answer to nearest whole percent.)

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