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Overall Equipment Effectiveness (OCT)

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Overall Equipment Effectiveness (OCT) - definition(s)

O.E.E. - O.E.E. means overall equipment effectiveness.It is a method to find out overall effectiveness of equipment. It is obtained by multiplication of three ratios.

   1. Availability ratio - Time for which equipment was available for operation divided by total calender period for which O.E.E. is being calculated.
   2. Quality Ratio - Quantity of "A" grade/Prime grade material produced divided by total production (Off grade+Prime grade)
   3.Performance Ratio - Rate of production divided by Capacity of machine to produced.

Normaly O.E.E. is presented in terms of percentage.

[Category=Data Quality ]

Source: iSixSigma, 08 February 2011 08:56:40, External 


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