A process has inventory breakdown as follows (RM = 200 pieces, WIP = 80 pieces, FG = 400 pieces) with an average customer demand per day of 80 FG pieces (1 Piece of RM inventory is required to make 1 piece of WIP and 1 piece of WIP piece is required to make 1 piece of FG). The total Value-Added Time for the process is 970 seconds. Calculate the Process Cycle Efficiency (PCE). (15 Marks)

The above question contains 15 Marks. As per University guidelines, the answer should be a min of 500 words. So please I am requesting you please prepare as per guidelines.