Calculating Cycle Time and Velocity Indy Company has the following data for one of its manufacturing plants: Maximum units produced in a quarter (3-month period): 250,000 units Actual units produced in a quarter (3-month period): 206,000 units Productive hours in one quarter: 25,000 hours Required: 1. Compute the theoretical cycle time (in minutes). X minutes per unit 2. Compute the actual cycle time (in minutes). Round your answer to two decimal places. X minutes per unit 3. Compute the theoretical velocity in units per hour. X units per hour 4. Compute the actual velocity in units per hour. Round your answer to two decimal places. X units per hour Feedback Check My Work 1. Theoretical Cycle Time = Production Time ( Minutes )/ Maximum Units Produced 2. Actual Cycle Time = Production Time ( Minutes )/ Actual Units Produced 3. Theoretical Velocity =60 Minutes/Theoretical Cycle Time 4. Actual Velocity =60 Minutes / Actual Cycle Time