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Exercise 12-3 Measures of Internal Business Process Performance [LO12-3 Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time

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Exercise 12-3 Measures of Internal Business Process Performance [LO12-3 Management of Mittel Rhein AG of Kln, Germany, would like to reduce the amount of time between when a customer places an order and when the order is shipped. For the first quarter of operations during the current year the following data were reported: Inspection time Wait time (from order tostart of production) Process time Move time Queue time 0.3 day 14.0 days 2.7 days 1.00 day 5.0 days Required: 1. Compute the throughput time hroughput time days 2. Compute the manufacturing cycle efficiency (MCE) for the quarter. (Round your percentage answer to nearest whole percent.) Manufacturing cycle efficiency

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