Oakwood Company produces maple bookcases to customer order. It received an order from a customer to produce 5,000 bookcases. The following information is available for the production of the bookcases.

Process time	17.0	days
Inspection time	1.3	days
Move time	4.0	days
Wait time	20.0	days
Oakwood believes it can reduce move time by 1.1 days and wait time by 2.5 days by adopting lean manufacturing techniques. Compute the companys manufacturing cycle efficiency assuming the companys predictions are correct