A company makes a product that experiences the following activities (and times):

Required:
1. Compute the MCE for this product.
2. Discuss how process value analysis can help improv'e this efficiency measure.
3. is this a lag or a lead measure? If lag, what would be some lead measures that would affect this measure?

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Processing (two departments) Inspecting Rework Moving (three moves) Waiting (for the second process) Storage (before delivery to customer) Hours 30 258 24 31