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About Video - What is an OEE Calculator and how can the process be used in Lean Six Sigma? || Praxie Software
Hey, guys! Welcome back to my channel. In this video, I'm going to show you What is an OEE Calculator and how can the process be used in Lean Six Sigma?
Learn more about this template: https://praxie.com/oee-calculator-template-online-software-tools/
In Lean Six Sigma, OEE stands for Overall Equipment Effectiveness, and is generally considered to refer to a measurement in โTotal Productive Maintenanceโ programs. The measure looks at effectiveness and efficiency of machinery or processes and is commonly referred to in reference to Lean Manufacturing.
OEE seeks to answer three machine performance related questions:
How often is the machine available to run?
How fast does it run when itโs running?
How many acceptable parts were produced in the allotted time?
The formula used to calculate OEE is as follows:
OEE = Availability x Performance x Quality
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