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Compute (a) cycle time, (b) value-added time, (c) non-value-added time, and (d) cycle efficiency using the following information. (Round your answers to 2 decimal

Compute (a) cycle time, (b) value-added time, (c) non-value-added time, and (d) cycle efficiency using the following information. (Round your answers to 2 decimal places.) 2.40 days Process time Inspection time 0.50 day Move time 0.86 day Wait time 0.24 day a. Cycle time b. Value-added time 2.40 days 0.50 days c. Non-value-added time 0.86 days d. Cycle efficiency

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