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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
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 Actual run rate this week Ideal run rate Defect-free output this week Total output this week (including defects) Required: 5,609 minutes 7,900 minutes 2.64 units per minute 3.00 units per minute 10,716 units 14,100 units 1. Compute the utilization rate. (Round your answer to 2 decimal places.) 2. Compute the efficiency rate. (Round your answer to 2 decimal places.) 3. Compute the quality rate. (Round your answer to 2 decimal places.) 4. Compute the overall equipment effectiveness (OEE). (Do not round Intermediate calculations. Round your final answer to 3 decimal places.) Answer is complete but not entirely correct. Utilization rate 0.71 Efficiency rate 0.84 Quality rate 0.760 Overall equipment effectiveness 0.452
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