Question: OVERALL EQUIPMENT EFFICIENCY A CNC machine tool is used for single shift working, the machine tool is operated for 8 hours per shift for 5

OVERALL EQUIPMENT EFFICIENCY

OVERALL EQUIPMENT EFFICIENCY A CNC machine tool

A CNC machine tool is used for single shift working, the machine tool is operated for 8 hours per shift for 5 days per week. The CNC machine fool produces terminal blocks at a planned production rate of 60 units per hour Using the Availability, Performance and Quality losses given in the table below, (all values are in minutes per week) Calculate the average Overall Equipment Efficiency (OEE) for the machine tool over the three week period and using the principle of 'Best of the Best the expected increase in revenue during these three weeks if achieved. Assume the sales value of a terminal block to be 10 each Week Quality Losses No. Availability Losses Performance Losses 1150 320 1000 400 1180 190 240 120

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q 5 : Total Productive Maintenance is a technique that can be used by a company to achieve a world - class standard of performance in terms of overall effectiveness of equipment ( machines and...

Total Productive maintenance is a technique that can be used by a company to achieve a world - class standard of performance in terms of overall effectiveness of equipment ( machines and processes )...

Case Introduction to the Facility The 200,000 sq. ft. facility shown in Figure 1 has been manufacturing flanges in Indianapolis, IN for the past 50 years. Flanges are bolted, steel plates used to...

Case Introduction to the Facility The 200,000 sq. ft. facility shown in Figure 1 has been manufacturing flanges in Indianapolis, IN for the past 50 years. Figure 1. Flange Factory Flanges are bolted,...

Case Introduction to the Facility The 200,000 sq. ft. facility shown in Figure 1 has been manufacturing flanges in Indianapolis, IN for the past 50 years. Flanges are bolted, steel plates used to...

. business is trying to achieve and what they are expected to do in their jobs. She knows that departmental managers should set and contribute targets more but doesn't know how to engage her...

Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...

Design an activity-based cost system for Assembly and draw the associated cost system diagram. You do not need to calculate the OH rate for each pool, but you must indicate the allocation base you...

Demand and Supply Discussion Question: Applications-Ubereconomics Please read the article below and respond to the follow-up question: Why Uber Is an Economist's Dream Does 'surge pricing'...

Mike Thatcher is a sales manager for an automobile dealership in Alberta. Mike earns a bonus each year based on revenue generated by the number of vehicles sold in the year less related warranty...

Dukas Co. had these transactions during the current period. June 12 Issued 80,000 shares of $1 par value common stock for cash of $300,000. July 11 Issued 3,000 shares of $100 par value preferred...

According to the IRS, the arm s - length price is the price that would be charged for the same product sold to an unrelated customer under similar circumstance section 4 8 2 of IRS called true or...

What is an example of constructive feedback? provide reference