Utilization belongs in the model
Rated cycles per hour usually describe a running condition, not every minute of a shift. Make-ready, checks, pauses, feeder issues and routine interruptions lower the share of clock time that produces accepted work. Modeling utilization separately keeps the rated speed useful without pretending it is continuously achieved.
Setup is a fixed time burden
A ten-minute setup matters little on a very long run and a lot on a short run. That is why the planner adds setup and changeovers after calculating productive runtime rather than reducing speed by one arbitrary percentage for every job.
Downstream work can still bottleneck
This page models one production stage. Cutting, lamination, folding, binding, packing or curing may have lower capacity than printing. Compare the result with finishing capacity before treating the schedule as a production promise.