Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a variety of electronics products and components to consumer goods manufacturers around the world. Cycle time is a critical success factor for Waymouth, which has developed a number of measures of manufacturing speed. Waymouth has studied the matter and found that competitive contract manufacturers have manufacturing cycle times (MCE) of about 32%. When last calculated, Waymouth's MCE was 25%.

Key measures from the recent month's production, averaged over all the jobs during that period, are as follows:

ActivityAverage Time (hours)New product development10.0Materials handling2.0Order setup1.0Machine maintenance1.5Order scheduling11.0Inspection of completed order3.5Pack and move to storage or ship1.0Manufacturing assembly4.0Order taking and checking0.5Receiving and stocking raw materials1.0Inspection of raw materials at start of production2.5

Required:

Determine the manufacturing cycle efficiency (MCE) for the recent month.(Round your answer to 1 decimal place.)