Waymouth Manufacturing operates a contract manufacturing plant located in Dublin, Ireland. The plant provides a...
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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 efliciency (MCE) for the recent month. (Round your answer to 1 decimal place.)
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