Question: In a manufacturing process, a molded part spends 4 hours in inventory before being placed in a deburring machine, where the part is processed for

In a manufacturing process, a molded part spends 4 hours in inventory before being placed in a deburring machine, where the part is processed for 3 minutes. After deburring, the part spends 5 hours in inventory waiting for its turn on the polishing machine. The part then spends 4 minutes in polishing before waiting 4 hours in line to be painted. The part goes through a painting process that takes 4 minutes, then spends 18 hours in inventory before being shipped to the customer.
What is the percentage of value-added time for the part?
Note: Round your answer as a percentage to 4 decimal places.

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