Related term
Capital Linearity
A philosophy of designing and buying machinery that makes it possible to add or subtract small increments of capacity as…
View termWhat is Operational Availability vs. Operating Rate?
Operational availability is the fraction of time a machine works properly when needed. Operating rate is the amount of time in a given period (shift, day, etc.) that a machine is…
Meaning and application in management
Operational availability is the fraction of time a machine works properly when needed. Operating rate is the amount of time in a given period (shift, day, etc.) that a machine is used. See : Overall Equipment Effectiveness (OEE).
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The Help Chain for Maintaining Production Stability
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