Bell & Porter has the following average times (in hours): Inspecting product Manufacturing product Storing inventory Transporting product 2.30 7.50 2.35 6.15 Required: Calculate the manufacturing cycle efficiency. Manufacturing cyl fficon Solution Manufacturing cycle efficiency = Processing time / (Processing time + Moving time + Storing time + Inspection time) = 7.50 hrs / (7.50 hrs. + 6.15 hrs. + 2.35 hrs. + 2.30 hrs.) = 41%.