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QICID: 20998
Title: Quantifying Machinery Availability Loss
Copyright: ASQ
Author: Parks, Matthew
Organization:
Subject: Manufacturing process; Availability; Performance objectives; Failure cost; Quality metrics;
Series: Quality Progress, Vol. 40, No. 5, May 2007, pp. 49-53
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Abstract: Possibly the most misunderstood and abused metric in performance based manufacturing is machine availability. When examining quality, performance, costs, and cycle time improvements, it is assumed that any performance metrics take into account a machine’s readiness and availability to perform. Many organizations focus on reducing scheduled downtime to increase the effective capacity of a production operation when the focus should be directed at quantifying the financial impact of unscheduled losses. Use of the availability constant method allows for quick estimates of what to expect in terms of extended operational run time and provides a knowledge based estimate for unscheduled loss events.
Number of pages: 5
Price for ASQ Members: $5.00
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