Monday, November 30, 2009

THOUGHT FOR THE DAY

Imagination

"You can't depend on your eyes when your imagination is out of focus."

- Mark Twain


TOPIC OF THE DAY

Overall equipment effectiveness

Overall equipment effectiveness (OEE) is a hierarchy of metrics which focus on how effectively a manufacturing operation is utilized. The results are stated in a generic form which allows comparison between manufacturing units in differing industries.

OEE measurement is also commonly used as a key performance indicator (KPI) in conjunction with lean manufacturing efforts to provide an indicator of success.



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