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 criticai 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 33%. When last calculated, Waymouth's MCE was 30%. 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 (1.e..123=12.3%).)