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 40%. When last calculated, Waymouth's MCE was 35%.

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

Activity	Average Time (hours)
New product development	30
Materials handling	2
Order setup	6
Machine maintenance	3
Order scheduling	1
Inspection of completed order	5
Pack and move to storage or ship	2
Manufacturing assembly	24
Order taking and checking	3
Receiving and stocking raw materials	6
Inspection of raw materials at start of production	2

Required:

Determine the manufacturing cycle efficiency (MCE) for the recent month. (Round your answer to 1 decimal place (i.e. .123 = 12.3%).)