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What is Muda, Mura and Muri?

Muda, Mura and Muri highlights the events in a process that does not do value addition in a process. Any business activity can be broken down into three parts: Input, Process and output. Effective utilization of the inputs and having an Value addition process helps...

What is OEE? Explain calculating OEE.

OEE stands for Overall Equipment Effectiveness. It is a metrics which is used to understand how effective a manufacturing process is utilized. OEE is determined by three factors Availability Performance Quality Mathematically OEE = Availability X Performance X...