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Tutorial 4Balanced Scorecard (1)1. Hutchins Specialised Furniture Corporation ha

Tutorial 4Balanced Scorecard (1)1. Hutchins Specialised Furniture Corporation has provided you with the following data in relation to the manufacture of snooker tables: ActivityAverage Hours per TableAssembly of tables5.0Average waiting time (idle time due to machine breakdown)1.5Cutting and fitting cloth1.0Delivery and installation in customers premises3.0Insertion of table pockets2.0Inspection of completed tables0.5Machining of table legs4.0Materials handling1.0Storage of completed tables awaiting distribution2.0Total20.0 hoursYou are asked to advise on the following:a) What is Hutchins MCE? (Show all workings.)b) How could Hutchins improve their MCE and how might this provide them with a competitive advantage?c) Why would an improvement in MCE be particularly important to a firm whose main customers are switching to JIT manufacturing?***