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Management of a T-shirt manufacturer believes if the company applies lean principles, then cycle efficiency can be improved. The following are estimated completion times for

image text in transcribed Management of a T-shirt manufacturer believes if the company applies lean principles, then cycle efficiency can be improved. The following are estimated completion times for different activities in the manufacturing process. Compute cycle efficiency for the (a) traditional approach and (b) lean approach. (Round your answers to 2 decimal places.)

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