Choose Index below for a list of all words and phrases defined in this glossary.


Overall Equipment Effectiveness (OCT)

index | Index

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, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary External 

 


Data Quality Glossary.  A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl