Cycle Time Analysis (5 points) An equipment production consists of metal cutting, bending, welding, painting, and assembly processes. Metal cutting takes 45min, bending takes 30min, welding takes 75min, painting takes 60min, and assembly take 40min. The production company operates only one shift (8 hours from 8am-4pm) per day, five days a week. The management follows OSHA guidelines and provide one short break (15min) in the morning and one short break (15min) in the afternoon. In addition, there is a lunch break from 12pm-1pm. Assume all uncompleted tasks at the end of the shift will be continued the next day. One customer ordered 20 machines at 8am and would like to receive them by Friday 4pm. It takes 24 hours to deliver all machines (in one truck) to the customer's address. The order was actually delivered 12pm on Friday. (1) What is the takt time for this order? (Use hour as time unit) (2) What is the line efficiency of the production company? (3) What is the line balancing efficiency? (4) What is the total work content time? (5) What is the lead time for this order? (use hour as time unit) (6) What is the production rate? (use hour as time unit) (7) If you are the production manager and would like to reduce cycle time to 60min, what would you do? Describe your plan in details and also explain the reasons