Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases Process time Inspection time Move time Wait time 5.0 days 1.1 days 4.1 days 17.0 days Required: 1. Compute the company's manufacturing cycle time. 2. Compute the company's manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the company's manufacturing cycle efficiency assuming the company's predictions are correct. Required 1Required 2Required 3 Compute the company's manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing Cycle Time Time Manufacturing cycle tme0.0 Required 1Required 2 Required 3 Compute the company's manufacturing cycle efficiency. (Round your answers to 1 decimal pla Manufacturing Cycle Efficiency Choose Numerator: Choose Denominator: Manufacturing cycle efficiency Manufacturing cycle efficiency Required 1 Required 2 Required3 Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by ad techniques. Compute the company's manufacturing cycle efficiency assuming the company's p your answers to 1 decimal place.) Manufacturing Cycle Efficiency Choose Denominator: Manufacturing cycle efficiency Choose Numerator: Manufacturing cycle efficiency