What is the cycle efficiency and velocity for the 3 customers in queue? A standard 8-step banking process averages 30-minute transactions, but only 6 steps were value added, taking 12 minutes to complete. Choose the correct option that best represents the cycle efficiency and velocity for the 3 customers in queue:
A) 80% and 0.4
B) 60% and 0.5
C) 50% and 0.6
D) 40% and 0.8