Manufacturing Cycle Efficiency Waymouth Manufacturing operates a contract manufacturing pl...

Manufacturing Cycle Efficiency 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 efficiency (MCE) for the recent month. What can you infer from the MCE you calculated?