Glossary

OEE (Overall Equipment Effectiveness)

OEE multiplies availability, performance and quality to express how effectively equipment is used. Reducing changeovers and faults raises the availability and performance components.

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Related terms

Uptime

The proportion of available time a cell is actually producing.

Throughput

The number of parts a cell produces per unit of time.

ROI (Return on Investment)

The financial return from an automation investment relative to its cost.

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