Overall Equipment Effectiveness

$1$ point possible $($graded$)$

Overall Equipment Effectiveness is a key metric and tool to manage equipment$-$intensive product processes: how available a process is$,$ how fast a process is$,$ and the quality of a process to produce free parts. It has become an accepted management tool to measure and evaluate plant floor productiv is broken down into three measuring metrics of Availability, Performance, and Quality. What do these $m$ help to achieve?

Help to measure a plant's efficiency and effectiveness and categorize the key productivity losses tha occur within the manufacturing process.

Conduct root$-$cause problem solving to determine whether problem is due to staff, material, method, or machine.

Develop standards to make sure maximum utilization of machine can be reached.