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Exercise 18-37 (Algo) Manufacturing Cycle Time and Efficiency (LO 18-6) Steger & Company has the following average times (in minutes): Inspecting product Manufacturing product.

Exercise 18-37 (Algo) Manufacturing Cycle Time and Efficiency (LO 18-6) Steger & Company has the following average times (in minutes): Inspecting product Manufacturing product. Storing inventory Transporting product Required: 2.90 4.90 8.20 9.30 Calculate the manufacturing cycle efficiency. Note: Do not round intermediate calculations. Round your final answer to the nearest whole percent. Manufacturing cycle efficiency %

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