2. Cycle Time / % VAT A student chooses to wait until after the first class of every course to pick up his/her textbooks fro the bookstore. From his/her locker it takes this student 2 minut to walk to the bookstore, 15 minutes waiting line, 12 minutes to select the texts, 6 minute line to pay, 2 minutes to pay and 2 minutes walk back to his/her locker. What is the a) Cycle Time and b) % VAT for process