How (and why) to easily calculate your overall equipment efficiencyGlyn ThormanHouston Consulting Group
The formula to calculatework efficiencyis the ratio ofoutputtoinputexpressed as a percentage. For a machine, you can determine the work put into the machine depending on how the machine works. You can generally calculate work by multiplying the force times distance for the motion. Make sure you...
It's not unusual for a machine to have a lower reliability score than an availability score. Taken together, they play an important role and are yet another way multiple metrics can drive process improvement. However, to calculate OEE, only availability is used. How Can We Increase Machine Av...
How to calculate motor efficiency for variable-speed centrifugal pumps: knowing the efficiencies of the pump, VSD, and motor will enable the engineer to calculate the kW input for a pump, from minimum to maximum flow and head conditions for that pump. Here, the author goes through that ...
The productivity formulae mentioned above only illustrate how to calculate productivity for the mentioned scenario. For instance, a company could measure salespersons’ productivity by assessing how many new clients they have onboarded or how many of them they have retained. Similarly, a Business Pr...
Know the amount of time spent working on an item. This should be the time spent working from the raw material stage to the finished product stage. 3. Calculate the Machine-Hour Capacity Now figure out the total amount of time that your workers can use the available machines to create the...
Efficiency of Machines In every machine, some work is wasted overcoming the force of friction. The efficiency of a machine compares the output work to the input work. Calculating Efficiency To calculate the efficiency of a machine, divide the output work by the input work and multiply the resul...
Another type of cost efficiency ratio formula is used to calculate the turnover of receivables. This shows how effective the company is at collecting on its debts. To calculate it, divide the net value of credit sales by the average accounts receivable. Both figures must be from the same per...
Leverage the power of physics-based simulation to calculate projected renewable generation profiles across the year and at different times of the day, to work out whether renewable generation will meet demand or if storage solutions are required. The process is flexible, meaning the end user can...
To calculate ROI, the benefit (or return) of an investment is divided by the cost of the investment. The result is expressed as a percentage or aratio. Key Takeaways Return on Investment (ROI) is a popular profitability metric used to evaluate how well an investment has performed. ...