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Jefferson Companys demand for its only product exceeds its manufacturing capacity. The company provided the following information for the machine whose limited capacity is prohibiting

Jefferson Companys 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 7,020 minutes
Machine time available per week 9,000 minutes
Actual run rate this week 9.35 units per minute
Ideal run rate 11.00 units per minute
Defect-free output this week 18,000 units
Total output this week (including defects) 20,000 units

Required: 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.)

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Utilization rate Efficiency rate Quality rate Overall equipment effectiveness

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