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Exercise 18-43 (Algo) Manufacturing Cycle Time and Efficiency (LO 18-5) A manufacturing company has the following average times (in hours). Transporting product Manufacturing product 4.50

Exercise 18-43 (Algo) Manufacturing Cycle Time and Efficiency (LO 18-5) A manufacturing company has the following average times (in hours). Transporting product Manufacturing product 4.50 7.14 Inspecting product 4.30 Storing inventory 4.20 Required: Calculate the manufacturing cycle efficiency. (Round final answer to nearest whole percent.) Manufacturing cycle efficiency %

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