Toyota is renowned for its Lean manufacturing principles Requirements Calculate the Overall Equipment Effectiveness (OEE) for a Toyota assembly line that operates 24 7 The line has an availability of 85 , performance efficiency of 90 , and quality rate of 95 Recommend actions to improve OEE Justify...

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Toyota is renowned for its Lean manufacturing principles. Requirements: Calculate the Overall Equipment Effectiveness (OEE) for a

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Toyota is renowned for its Lean manufacturing principles.
Requirements:
- Calculate the Overall Equipment Effectiveness (OEE) for a Toyota assembly line that operates 24/7. The line has an availability of 85%, performance efficiency of 90%, and quality rate of 95%.
- Recommend actions to improve OEE.
- Justify how improving OEE aligns with Toyota's Lean manufacturing principles.
- Discuss how OEE impacts the financial health reflected in Toyota's balance sheet.