Definitions for "OEE"
OVERALL EQUIPMENT EFFECTIVENESS. A way to measure the effectiveness of a machine. Overall Equipment Effectiveness (OEE) rolls up the six major losses into an easily calculated and communicated figure.
Framework for measuring the efficiency and effectiveness of a process, by breaking it down into three constituent components (the OEE Factors). OEE helps you see and measure a problem so you can fix it, and provides a standardized method of benchmarking progress.
Availbilty =(Calender Hours - Planned losses -Unplanned lossed)/ Calender hours Performance rate = Operatig Efficiency * Rate Efficiency Operating Efficiency=(Available hours -Losses beyond equipment/plant's control)