Lost Time Incident Rate (LTIR) is a standard OSHA metric that calculates the number of incidents that result in time away from work. Learn more about how to calculate LTIR.
Let's say we own a button factory. We want to get a complete understanding of why our production rate is in its current state. First, we must find the maximum rate our machines can produce. For the sake of example, let's say our equipment can produce 120 buttons per minute. Given th...