What is OEE and method of its calculation

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Accepted Answer

OEE stands for Overall Equipment Efficiency. It is a measure of how effectively a manufacturing operation is utilized.

OEE is calculated by multiplying three factors: Availability, Performance, and Quality.
Availability measures the percentage of time that the equipment is available for production.
Performance measures the speed at which the equipment operates compared to its ideal speed.
Quality measures the percentage of good-quality products produced by the equipment.
OEE = Availability × Performance × Quality
For example, if the availability is 90%, performance is 80%, and quality is 95%, the OEE would be 68.4%.

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