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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 prohibiting the company from producing and selling additional units. Actual run time this week 6,723 minutesMachine time available per week 8,100 minutesActual run rate this week 1.52 units per minuteIdeal run rate 2.00 units per minuteDefect-free output this week 12,496 unitsTotal output this week (including defects) 17,600 units
Required:
Problem 1. Compute the utilization rate. (Round your answer to 2 decimal places.)
Problem 2. Compute the efficiency rate. (Round your answer to 2 decimal places.)
Problem 3. Compute the quality rate. (Round your answer to 2 decimal places.)
Problem 4. Compute the overall equipment effectiveness (OEE). (Do not round intermediate calculations. Round your final answer to 3 decimal places.)
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