Oakwood Company produces maple bookcases, The following information is available for the production of a recent order of 500 bookcases: 1. Compute cycle time. 2. Compute cycle efficiency 3. Management believes it can reduce move time by 1 day and wait time by 3 days by adopting lean manufacturing techniques. Compute cycle efficiency assuming the predictions are correct. Complete this question by entering your answers in the tabs below. Compute cycle time. Compute cycle time. Compute cycle efficiency. Note: Round your answers to 2 decimal place. Management believes it can reduce move time by 1 day and wait time by 3 days by adopting lean manufacturing techniques. Compute cycle efficiency assuming the predictions are correct. Note: Round your answers to 1 decimal place