Slide 5 chapter 09 Performance Measurement and Responsibililty Accounting Compute cycle time and cycle elficienoy, and explain their importance to production management points Knowledge Check 02 Select the best answer to the question Question 1ot1 The sailboat Company makes sailboats. To make one svat it takes 2 days to move all the wood into the production factory, 5 days to cut, assembie, and glue the wood togetner to make the boat. 2 days for the glue to dry and 1 day to take the boat to the lake to see whether it loats what is the cycle emciency of the Sailboat Company? 5 days 4 days 40% 50%