Project 2 - A project on creating Key Performance Indicator (KPI) dashboard for an Automotive Manufacturing company
1. OEE = availability x performance x quality
Planned operating time = shift duration = planned break
Run time = planned operating time - down time
Availability = (run time/planned operating time)x 100
Performance = (ideal cycle time x total count/run time X 100
Quality =( total count - reject count)x Quality
MTTR (mean time to repair) is the average time it takes to repair a system (usually technical or mechanical).
The Pareto Principle states that 80 percent of a project's benefit comes from 20 percent of the work. Or, conversely, that 80 percent of problems can be traced back to 20 percent of causes. Pareto Analysis identifies the problem areas or tasks that will have the biggest payoff
2. Data required for calculations of kpI
1.OEE
2.planned operating time
3.Run time
4.availability
5.performance
6.qualuty