Definition A measure of how productive equipment is, combining how often it runs, how fast it runs and the quality of what it makes.
Also called OEE, Overall equipment effectiveness
Example 90% availability × 95% performance × 98% quality gives an OEE of about 84%.
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Why it matters It shows how much hidden capacity a production line has.
Where it is used Manufacturing dashboards and production reviews.
How to calculate it Availability × performance × quality
Worked example 90% availability × 95% performance × 98% quality gives an OEE of about 84%.