Best Ink produces printers for personal computers. The following information is available for production of a recent order of 500 printers. Process time Inspection time Move time Wait time 1. Compute cycle time. 18 hours 4 hours 14 hours 24 hours 2. Compute cycle efficiency. 3. Management believes it can reduce inspection time by 2 hours and wait time by 8 hours by adopting lean manufacturing techniques. Compute cycle efficiency assuming the predictions are correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Compute cycle time. Cycle Time Time hours hours: hours hours Cycle time hours