Zodiac Sound Company manufactures audio systems, both made-to-order and mass-produced systems that are typically sold to largescale manufacturers of electronics equipment. For competitive reasons, the company is trying to increase its manufacturing cycle efficiency (MCE) measure. As a strategy for improving its MCE performance, the company is considering a switch to JIT manufacturing. While the company managers have a fairly good feel for the costs of implementing JIT, they are unsure about the benefits of such a move, both in financial and nonfinancial terms. To help inform the ultimate decision regarding a move to a JIT system, you've been asked to provide some input. Fortunately, you've recently attended a continuing professional education (CPE) workshop on the costs and benefits of moving to JIT and therefore feel comfortable responding to management's request. Required: 3. Given the estimated data below, calculate the MCE for both the current manufacturing process and the proposed process after implementing JIT: 4. What is the percentage change in average MCE anticipated under JIT? (For all requirements, do not round intermediate calculations and round your final answers to 2 decimal places (i.e., .1234 = 12.34\%).)