Nelson Extruding produces containers for nurseries and landscaping businesses. The como competes based on its low-cost Nich-quality products. As the company's expenses have risen, management has become concerned with the need to streamline various processes in order to reduce costs without reducing quality. The following table shows the time needed to produce a batch of 1-inch plant flats: Activity Materials moved to production floor Production in station 1 Materials moved to station 2 wait to begin at station 2 Production in station 2 Inspection Materials moved to finished goods inventory Time to Complete 31 minutes 35 minutes 5 minutes 8 minutes 47 minutes 3 minutes 5 minutes (a) What is the manufacturing cycle time throughout time to produce a batch of 1-inch plantats and prepare it for sale! Manufacturing cycle time minutes How much of the process time is value added Value-added time mirates Calculate the manufacturing cycle efficiency. (Round answer to 1 decimal place, eg. 5.1%.) Manufacturing cycle efficiency