Exercise $12-5($Algo$)$ Overall Equipment Effectiveness $[$LO$12-3]$

Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units.

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Actual run time this week

Machine time available per w $5,696$ minutes

Actual run rate this week week $6,400$ minutes

Ideal $1\mathrm{.}68$ units per minute

Defal run rate $2\mathrm{.}00$ units per minute

Total output this week $($including defects$)$

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Required:

$1.$ Compute the utilization rate. $($Round your answer to $2$ decimal places.$)$

$2.$ Compute the efficiency rate. $($Round your answer to $2$ decimal places.$)$

$3.$ Compute the quality rate. $($Round your answer to $2$ decimal places.$)$

$4.$ Compute the overall equipment effectiveness $($OEE$).($Do not round intermediate calculations. Round your final answer to $3$ decimal places.$)$

Answer is complete but not entirely correct.