Lead Time lint Fabricators Inc. machines metal parts for the mintes in mllig and 7 minutes in t ishing. The move tine between the two operations for ndustry. Under the traditionl apesao, pats are madiedthm0h tes pwewese ?.~ aad niivs own are peoloid-b @mof70wt Determine the value-added, non-vahue added, and total lead times, and the value added raun th traditionl and lean manudachring methods Total Inad time vahun-added ratio (esec folo n converting raw materials into a nlshed unit of iprodct Recall that lead ? can be dasaled as one of lead time, whch me spent 2. Non-value added lead time, which is the time spent while the unit of product is waiting to enter the next produe or is moved from oe process to processing time- Miling time Finishing time time- Total within batch walt time+ Move tme, where Total Within Batch Wat Time(otal Time to Pfarm Operto)ch Ratio d Process Time+ Total Process Time In this exerdise for Lean ime Milling time+ Fnishing time time-Tokal within-butch wait time, where Total within Batch Wait Time is obtained by mutiptyino the process tine by th There is no move time. Value Added Ratio Value-Added Process Time+ Total Process Time Learning Objective 1