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Canfield Components produces machine parts. The average times for its largest volume product (in hours) follow: Inspecting product 1.02 Manufacturing product 7.41 Storing inventory 1.70
Canfield Components produces machine parts. The average times for its largest volume product (in hours) follow: Inspecting product 1.02 Manufacturing product 7.41 Storing inventory 1.70 Transporting product 2.22 Required: Calculate the manufacturing cycle efficiency
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