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1 Exercise 1 2 - 5 ( Algo ) Overall Equipment Effectiveness [ LO 1 2 - 3 ] 5 points References Jefferson Company's demand

1
Exercise 12-5(Algo) Overall Equipment Effectiveness [LO12-3]
5
points
References
Jefferson Company's demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting the company from producing and selling additional units.
Actual run time this week
Machine time available per week ,6,474 minutes
\table[[Actual run rate this week,7,800 minutes]]
Ideal run rate 5.88 units per minute
Defect-free output this week 7.00
units per minute
\table[[Total output this week (including defects),12,236 units],[16,100 units,]]
Required:
Compute the utilization rate. (Round your answer to 2 decimal places.)
Compute the efficiency rate. (Round your answer to 2 decimal places.)
Compute the quality rate. (Round your answer to 2 decimal places.)
Compute the overall equipment effectiveness (OEE).(Do not round intermediate calculations. Round your final answer to 3 decimal places.)
\table[[Utilization rate,0.83],[Efficiency rate,0.80],[Quality rate,0.79],[Overall equipment effectiveness,0.525]]
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