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  2. Overall equipment effectiveness - Wikipedia

    en.wikipedia.org/.../Overall_equipment_effectiveness

    An OEE of 100% means that only good parts are produced (100% quality), at the maximum speed (100% performance), and without interruption (100% availability). Measuring OEE is a manufacturing best practice. By measuring OEE and the underlying losses, important insights can be gained on how to systematically improve the manufacturing process.

  3. Capacity planning - Wikipedia

    en.wikipedia.org/wiki/Capacity_planning

    Demand for an organization's capacity varies based on changes in production output, such as increasing or decreasing the production quantity of an existing product, or producing new products. Better utilization of existing capacity can be accomplished through improvements in overall equipment effectiveness (OEE). Capacity can be increased ...

  4. Operational efficiency - Wikipedia

    en.wikipedia.org/wiki/Operational_efficiency

    An example of a more for same alternative is a manufacturing company reducing its output of faulty products (and thereby reducing after sales cost) without using more money or resources. This can e.g. be achieved through use of quality management systems, addressing quality in existing training programs for personnel or introduction of higher ...

  5. Quality, cost, delivery - Wikipedia

    en.wikipedia.org/wiki/Quality,_cost,_delivery

    The OEE shows how well a company uses its equipment and staff. OEE is calculated on the base of three elements: Availability – compares the planned and the actual time of the process run. For example, if a machine is planned to run 100 hours a week, but in reality runs only 50, then the availability is 50%. [3]

  6. The State of US Manufacturing in 2022 — And What It Means for ...

    www.aol.com/state-us-manufacturing-2022-means...

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  7. During the good old days, I had a positive opinion of Boeing. In my first decade at the company, the chain of command was clear. You knew what your job responsibilities were and could count on ...

  8. Samsung's preliminary Q4 profit falls far short of estimates ...

    www.aol.com/news/samsung-q4-profit-outlook...

    SEOUL (Reuters) -Samsung Electronics' preliminary fourth-quarter operating profit missed estimates by a large margin, with the South Korean tech giant hit hard by extra costs as it works towards ...

  9. Operations management - Wikipedia

    en.wikipedia.org/wiki/Operations_management

    Pull means that the production system authorizes production based on inventory level; push means that production occurs based on demand (forecasted or present, that is purchase orders). An individual production system can be both push and pull; for example activities before the CODP may work under a pull system, while activities after the CODP ...