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, Waymouths MCE was 35%.

Key measures from the recent months 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.)