Traditional Philosophy Value-Added Non-Value- Total Time Added Time Time Value-added time 12 Within batch wait time Move time Total 12 353 365 Value-Added Time / Total Time = Value-Added Ratio 12 365 3.3% Lean Manufacturing Philosophy Value-Added Non-Value- Total Time Added Time Time Value-added time 12 Within batch wait time 36 Move time Total 12 36 48 Value-Added Time / Total Time = Value-Added Ratio 12 48 25.0%EX 12-6 Calculate lead time Obj. 1 Value-added, 12 minutes Flint Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing. Parts are produced in batch sizes of 30 parts. A part requires 5 minutes in milling and 7 min- utes in finishing. The move time between the two operations for a complete batch is 5 minutes. EXCEL TEMPLATE Under the lean philosophy, the part is produced in a cell that includes both the milling and finishing operations. The operating time is unchanged; however, the batch size is reduced to 4 parts and the move time is eliminated. Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the traditional and lean manufacturing methods. (Round percentages to one decimal place.)