Making a script like Paul is talking about would rock.
Take 399 oak boards from a chest...place them into recycle bag, make 57 bows, recycle, take residue out of pack and place in seperate container (the stuff is heavy) then repeat...having the script be able to make fletching tools would be a MUST. This would be the most efficent use of time in my opinion.
While hunting using the claw, or something like it to take all the magic items off the corpse and drop into a imbuing recycle bag, take it home when full, get new bag, repeat....especially if the script secured the bags...when you have 10 bags u could log in your imbuer to unwind everything, then repeat.