This paper presents a new calculating methodology for estimating the quantitative monetary managerial effects as a result of total productive maintenance (TPM) activities. The suggested methodology is to calculate the total saving monetary amount composed of contribution profit and saving costs that are obtained by improving the overall equipment efficiency (OEE) of processing type equipment. The managerial effect that is the total saved monetary effect in keeping the OEE at the 1 percent upraised condition during a given period can be calculated by the sum of additive contribution profit and saved manufacturing cost. The proposed computation methodology is demonstrated by applying to a real industrial processing type of manufacturing equipment. This newly presented model is expected to contribute to raise the maturity of TPM activities by grasping the monetary quantitative managerial effects periodically.
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1 December 2004
Research Article|
December 01 2004
Calculation methodology for contributive managerial effect by OEE as a result of TPM activities Available to Purchase
Ohwoon Kwon;
Ohwoon Kwon
Department of Industrial Systems and Information Engineering, Korea University, Seoul, Korea
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Hongchul Lee
Hongchul Lee
Department of Industrial Systems and Information Engineering, Korea University, Seoul, Korea
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Publisher: Emerald Publishing
Online ISSN: 1758-7832
Print ISSN: 1355-2511
© Emerald Group Publishing Limited
2004
Journal of Quality in Maintenance Engineering (2004) 10 (4): 263–272.
Citation
Kwon O, Lee H (2004), "Calculation methodology for contributive managerial effect by OEE as a result of TPM activities". Journal of Quality in Maintenance Engineering, Vol. 10 No. 4 pp. 263–272, doi: https://doi.org/10.1108/13552510410564882
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