5 ABC Manufacturing is evaluating the desirability of implementing process improvements and is seeking your help in determining whether it should proceed with the proposed improvements. One area of focus is how the improvements will affect processing time (manufacturing cycle time efficiency). Estimated activities and associated times for these activities under both the current process and after process improvements are as follows: Skipped Process Activity Current Process Wait time 4 hours Inspection 40 minutes Moving 80 minutes Processing (manufacturing) 2 hours Required: After Process Improvements 1 hour 5 minutes 20 minutes 75 minutes 1. Determine the manufacturing (production) lead time (in minutes) for each of the two decision alternatives. 2. Determine the manufacturing cycle efficiency (MCE) for each decision alternative. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the manufacturing cycle efficiency (MCE) for each decision alternative. (Round your answers to 2 decimal places (e.g., 0.3143 = 0.31).) Manufacturing Cycle Efficiency (MCE) Current process After process improvements < Required 1 Required 2 >