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In the welding operations of a bicycle manufacturer, a bike frame has a flow time of about 11.75 hours. The time in the welding operation is spent as follows: 2 hours waiting in front of the cutting machine for the batch to start, 1 hours waiting for the setup of the machine, 2 hour waiting for the other pieces of the batch to go through cutting, 2 minute at the cutting machine, and 2 hours waiting for the transfer to the welding machine. Then, at the welding machine, the unit spends 1 hour waiting in front of the welding machine for the batch to start, 2 hour waiting for the setup of the welding machine, 0.75 hour waiting for the other pieces of the batch to go through welding, 0.35 minute at the welding machine, and 1 hour waiting for the transfer to the next department. (Round your percentage answer to 4 decimal places.) Determine the exact flow time. What is the value-added percentage of the flow time? percent