Maximising Equipment Effectiveness
The rate of equipment effectiveness is actually the operating rate or availability. We know that,
Availability = Operation time/ Loading time .
= (Loading time - Down time)/ Loading time
Here loading time is available time per day and is derived by subtracting planned down time from total available time per day. Planned down time is the official time scheduled in the production plan for maintenance activities. Thus if we can reduce this the numerator can be increased and thence the equipment effectiveness can be improved.