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 $35\%.$ 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:

Required:

Determine the manufacturing cycle efficiency $($MCE$)$ for the recent month. $($Round your answer to $1$ decimal place $($i$.$e$.\mathrm{.}123=12\mathrm{.}3\%).)$

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 $2$