Improving overall equipment cost loss adding cost of quality

This research has the objective of improving indicators for evaluating losses of equipment. It also proposes a newly developed computing methodology for estimating the quantitative losses in monetary unit. The presented methodology is to calculate losses following overall equipment effectiveness (OE...

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Bibliographic Details
Main Author: Wudhikarn R.
Format: Article
Language:English
Published: 2014
Online Access:http://www.scopus.com/inward/record.url?eid=2-s2.0-84863228695&partnerID=40&md5=7d0875e5fe1cbbcfa70d623ac2ad5a9c
http://cmuir.cmu.ac.th/handle/6653943832/973
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Institution: Chiang Mai University
Language: English
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Summary:This research has the objective of improving indicators for evaluating losses of equipment. It also proposes a newly developed computing methodology for estimating the quantitative losses in monetary unit. The presented methodology is to calculate losses following overall equipment effectiveness (OEE) consisting of opportunity and production cost losses and also from cost of quality (COQ) approaches. This method eliminates some of OEE's weaknesses and expands scope from overall equipment cost loss (OECL). The proposed calculating methodology is demonstrated by applying to a real manufacturer of equipment. This newly improved model can prioritise problematic equipment more appropriately than OEE and OECL. © 2012 Copyright Taylor and Francis Group, LLC.