What is overall equipment effectiveness

Question

Accepted Answer

Overall Equipment Effectiveness (OEE) is a measure of how effectively equipment is being utilized to produce quality products.

OEE is calculated by multiplying availability, performance, and quality rates.
Availability rate measures the percentage of time the equipment is available for production.
Performance rate measures the speed at which the equipment is producing products compared to its maximum capacity.
Quality rate measures the percentage of products that meet the required quality standards.
OEE helps identify areas for improvement in equipment utilization and production processes.
For example, if a machine has an availability rate of 90%, a performance rate of 80%, and a quality rate of 95%, its OEE would be 68.4%.
Aim for an OEE of 85% or higher for optimal equipment utilization and production efficiency.

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