Overall Equipment Effectiveness – OEE
Overall Equipment Effectiveness – OEE calculation = Availability ratio x Performance ratio x Quality ratio
= Actual production time ÷ Theoretical production time
x Cycle time x Actual Production÷ Actual Production time
x (Actual Production – Rejected Production)÷ Actual Production
It is part of the manufacturing ratios for equipment performance analysis.
It measures the efficiency of a machine’s performance or that of a whole manufacturing plant.