Grey Company is evaluating two manufacturing process layout options, each of which has the following characteristics for producing a batch of output: Process Activity Minutes per Batch Alternative 1 Setup time Movement time (from start to finish) Waiting time Inspection time Processing time Total time (in minutes) 50 20 6 10 80 166 Alternative 2 20 28 32 14 60 154 Required 1. Determine the production (manufacturing) lead time per batch for each decision alternative Production (Manufacturing) Lead Time Decision Alternative #1 minutes Decision Alternative #2 minutes 2. Determine the process cycle efficiency (PCE) for each system. (Round your answers to 2 decimal places.) Process Cycle Efficiency (PCE Alternative 1 Alternative 2