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Overall Equipment Effectiveness Calculator

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Important Formulas of Cost Accounting

✖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.ⓘ Good Count [GC]			+10% -10%
✖Ideal Cycle Time represents the theoretical minimum time required to produce one unit of a product under optimal conditions.ⓘ Ideal Cycle Time [ICT]			+10% -10%
✖Planned Production Time refers to the total amount of time scheduled or allocated for production activities within a specific period.ⓘ Planned Production Time [PPT]			+10% -10%

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

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Overall Equipment Effectiveness Solution

STEP 0: Pre-Calculation Summary

Formula Used

Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time
OEE = GC*ICT/PPT
This formula uses 4 Variables

Variables Used

Overall Equipment Effectiveness - Overall Equipment Effectiveness is a performance metric used in manufacturing to evaluate the efficiency and productivity of equipment or machinery.
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.
Ideal Cycle Time - Ideal Cycle Time represents the theoretical minimum time required to produce one unit of a product under optimal conditions.
Planned Production Time - Planned Production Time refers to the total amount of time scheduled or allocated for production activities within a specific period.

STEP 1: Convert Input(s) to Base Unit

Good Count: 6560 --> No Conversion Required
Ideal Cycle Time: 5 --> No Conversion Required
Planned Production Time: 10 --> No Conversion Required

STEP 2: Evaluate Formula

Substituting Input Values in Formula

OEE = GC*ICT/PPT --> 6560*5/10

Evaluating ... ...

OEE = 3280

STEP 3: Convert Result to Output's Unit

3280 --> No Conversion Required

FINAL ANSWER

3280 <-- Overall Equipment Effectiveness

(Calculation completed in 00.004 seconds)

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Created by Aashna

IGNOU (IGNOU), India

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Rashtreeya Vidyalaya College of Engineering (RVCE), Bangalore

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Overall Equipment Effectiveness Formula

LaTeX Go

Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time
OEE = GC*ICT/PPT

What is Overall Equipment Effectiveness ?

Overall Equipment Effectiveness is a metric that identifies the percentage of planned production time that is truly productive. Overall equipment effectiveness is a measure of how well a manufacturing operation is utilized (facilities, time, and material) compared to its full. It provides insights into how well equipment is performing relative to its maximum potential. It is typically calculated as the product of three key factors ie. availability, performance, and quality. Each factor is expressed as a percentage, and when multiplied together, they give the overall equipment effectiveness percentage.

How to Calculate Overall Equipment Effectiveness?

Overall Equipment Effectiveness calculator uses Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time to calculate 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 calculate Overall Equipment Effectiveness using this online calculator? To use this online calculator for Overall Equipment Effectiveness, enter Good Count (GC), Ideal Cycle Time (ICT) & Planned Production Time (PPT) and hit the calculate button. Here is how the Overall Equipment Effectiveness calculation can be explained with given input values -> 3280 = 6560*5/10.

FAQ

What is 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 and is represented as OEE = GC*ICT/PPT or Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time. 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, Ideal Cycle Time represents the theoretical minimum time required to produce one unit of a product under optimal conditions & Planned Production Time refers to the total amount of time scheduled or allocated for production activities within a specific period.

How to calculate 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 is calculated using Overall Equipment Effectiveness = Good Count*Ideal Cycle Time/Planned Production Time. To calculate Overall Equipment Effectiveness, you need Good Count (GC), Ideal Cycle Time (ICT) & Planned Production Time (PPT). With our tool, you need to enter the respective value for Good Count, Ideal Cycle Time & Planned Production Time and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.

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