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Oakwood Company produces maple bookcases to customer order. The following information is available for the production of the bookcases Process time Inspection time Move time Wait time 5.0 days 1.1 days 4.1 days 17.0 days Required: 1. Compute the companys manufacturing cycle time. 2. Compute the companys manufacturing cycle efficiency. 3. Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by adopting lean manufacturing techniques. Compute the companys manufacturing cycle efficiency assuming the companys predictions are correct.Required 1Required 2Required 3 Compute the companys manufacturing cycle time. (Round your answers to 1 decimal place.) Manufacturing Cycle Time Time Manufacturing cycle tme0.0Required 1Required 2 Required 3 Compute the companys manufacturing cycle efficiency. (Round your answers to 1 decimal pla Manufacturing Cycle Efficiency Choose Numerator: Choose Denominator: Manufacturing cycle efficiency Manufacturing cycle efficiencyRequired 1 Required 2 Required3 Management believes it can reduce move time by 1.10 days and wait time by 2.50 days by ad techniques. Compute the companys manufacturing cycle efficiency assuming the companys p your answers to 1 decimal place.) Manufacturing Cycle Efficiency Choose Denominator: Manufacturing cycle efficiency Choose Numerator: Manufacturing cycle efficiency

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