The answer to this question is No.
Overall Equipment Effectiveness (OEE) measures how well a manufacturing operation uses its resources (facilities, time, and material) in comparison to how efficiently it could be used in the future. It determines how much of the time spent manufacturing is actually productive. An OEE of 100% indicates that only high-quality, quickly-produced parts are used, and that production is available at all times.
A manufacturing best practice is measuring OEE. A significant understanding of how to methodically enhance the production process can be achieved by monitoring OEE and the underlying losses. OEE is a useful indicator for locating waste, assessing development, and raising industrial equipment productivity (i.e., eliminating waste).
Learn more about OEE here:
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