Compute Lead Time Jackson Fabricators Inc. machines metal parts for the automotive industry. Under the traditional manufacturing approach, the parts are machined through two processes: milling and finishing. Parts are produced in batch sizes of 70 parts. A part requires 3 minutes in milling and 7 minutes in finishing. The move time between the two operations for a complete batch is 8 minutes. Under the lean philosophy, the part is produced in a cell that includes both the milling and finishing operations. The operating time is unchanged; however, the batch size is reduced to 5 parts and the move time is eliminated. Determine the value-added, non-value added, and total lead times, and the value-added ratio under the traditional and lean manufacturing methods. If required, round percentages to one decimal place.. Traditional Philosophy Lean Manufacturing Philosophy Value-added time Non-value-added time Total lead time 10 min 10 min 698 min min 708 min min Value-added ratio (as a percent) % %