Application) ook Compute Lead Time Wiliams Optical Inc. is considering a new lean product cell. The present manufacturing approach produces a product in four separate steps. The production batch stres are 45 units. The process time for each step is as follows: Process Step 1 5 minutes minutes Process Step 2 Process Shep 3 Process Step 4 3 minutes The time required to move each batch between steps i 5 minutes. In addition, the time to move raw materials to Process Step 1 is also 5 minutes, and the time to move completed units from Process Step 4 to finished goods inventory is 5 minutes The new lean layout will allow the company to reduce the batch stres from 45 units to 3 units. The time required to move each batch between steps and the inventory locations will be reduced to 2 minutes. The processing time in each step will stay the same Determine the value-added, non-value-added, and total lead times, and the value-added ratio under the present and proposed production approaches. If required, round percentages to one decimal place. Present Approach Proposed Approach Value-added time Non-value-added time Totad time Value added ratio (as a percent) Check My Work more Check My Work uses remaining | Al work savad. Eersel frutructor Save and Ex a m Resistente