The Snow Glide Ski Company manufactures skis in the finishing and assembly process. Skis are manufactured in 40-ski batch sizes. The finishing time is 16 minutes per ski. The assembly time is 12 minutes per ski. It takes 15 minutes to move a batch of skis from finishing to assembly. Compute the value-added, non-value-added, and total lead time of this process. Value-added lead time minutes Non-value-added Iead time minutes Total lead time minutes Compute the value-added ratio. Round to one decimal place. %