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Overall Equipment Effectiveness Formula

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Overall Equipment Effectiveness is a performance metric used in manufacturing to evaluate the efficiency and productivity of equipment or machinery. Check FAQs

OEE = GC \cdot \frac{ICT}{PPT}

OEE - Overall Equipment Effectiveness?GC - Good Count?ICT - Ideal Cycle Time?PPT - Planned Production Time?

Overall Equipment Effectiveness Example

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Here is how the Overall Equipment Effectiveness equation looks like with Values.

Here is how the Overall Equipment Effectiveness equation looks like with Units.

Here is how the Overall Equipment Effectiveness equation looks like.

3280 = 6560 \cdot \frac{5}{10}

3280 = 6560 \cdot \frac{5}{10}

3280 = 6560 \cdot \frac{5}{10}

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Overall Equipment Effectiveness Solution

Follow our step by step solution on how to calculate Overall Equipment Effectiveness?

FIRST Step Consider the formula

OEE = GC \cdot \frac{ICT}{PPT}

Next Step Substitute values of Variables

∴

OEE = 6560 \cdot \frac{5}{10}

Next Step Prepare to Evaluate

∴

OEE = 6560 \cdot \frac{5}{10}

LAST Step Evaluate

∴

OEE = 3280

Overall Equipment Effectiveness Formula Elements

Variables

Overall Equipment Effectiveness

Overall Equipment Effectiveness is a performance metric used in manufacturing to evaluate the efficiency and productivity of equipment or machinery.

Symbol: OEE

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Overall Equipment Effectiveness

Good Count

Good Count refers to the total number of products or items that meet the specified quality standards and are deemed acceptable for sale or use.

Symbol: GC

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Good Count

Ideal Cycle Time

Ideal Cycle Time represents the theoretical minimum time required to produce one unit of a product under optimal conditions.

Symbol: ICT

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Ideal Cycle Time

Planned Production Time

Planned Production Time refers to the total amount of time scheduled or allocated for production activities within a specific period.

Symbol: PPT

Measurement: NAUnit: Unitless

Note: Value should be greater than 0.

Formulas to find Planned Production Time

Other formulas in Cost Accounting category

Go Backorder Rate

BR = (\frac{NUO}{TNO})

Go Conversion Cost

CC = DLC + MOC

Go Cost of Goods Sold

COGS = BI + PDP - EI

Go Customer Acquisition Cost

CAC = \frac{CSM}{NNCA}

How to Evaluate Overall Equipment Effectiveness?

Overall Equipment Effectiveness evaluator uses Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time to evaluate the Overall Equipment Effectiveness, Overall Equipment Effectiveness is a key performance metric used in manufacturing and production industries to assess the efficiency and productivity of equipment or machinery. Overall Equipment Effectiveness is denoted by OEE symbol.

How to evaluate Overall Equipment Effectiveness using this online evaluator? To use this online evaluator for Overall Equipment Effectiveness, enter Good Count (GC), Ideal Cycle Time (ICT) & Planned Production Time (PPT) and hit the calculate button.

FAQs on Overall Equipment Effectiveness

What is the formula to find Overall Equipment Effectiveness?

The formula of Overall Equipment Effectiveness is expressed as Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time. Here is an example- 3280 = 6560*5/10.

How to calculate Overall Equipment Effectiveness?

With Good Count (GC), Ideal Cycle Time (ICT) & Planned Production Time (PPT) we can find Overall Equipment Effectiveness using the formula - Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time.

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Overall Equipment Effectiveness Formula

Overall Equipment Effectiveness Example

Overall Equipment Effectiveness Solution

Overall Equipment Effectiveness Formula Elements

Other formulas in Cost Accounting category

How to Evaluate Overall Equipment Effectiveness?

FAQs on Overall Equipment Effectiveness

Variable Name