Berger Mortgage Co. provides the following data on its loan application processing activities for the month of February: Move time 18 hours Wait time 63 hours Process time 230 hours Storage time 15...

Berger Mortgage Co. provides the following data on its loan application processing activities for the month of February:

Move time                                18 hours

Wait time                                 63 hours

Process time                             230 hours

Storage time                             15 hours

Inspection time                         22 hours

Compute the cycle efficiency for February:

IN THE COMPUTATION FOR THROUGHPUT TIME, WHY ISN'T WAIT TIME INCLUDED IN IT?