Readiness of production facilities

Readiness of production facilities
See also
Factor of production Uniformity of production Production cycle Overall equipment effectiveness Economic batch size Scrap rate Abc inventory classification Cost of production Maximum stock level

Readiness of the production facilities involves machinery and equipment. Its configuration should be analyzed from the point of view of the production process.

Production readiness is calculated using:

• factor of readiness of machinery and equipment

average annual ratio of: the number of installed machines to the average number of annual owned machines

• machine utilization factor

The ratio of the number of machines that are to be used, to the number of machines available.

• the actual utilization rate

Ratio of machines working on the largest-change to the number of machines available

• coefficient of variation

is placed between the machine utilization factor and actual utilization rate.

See also:

• Production logistics subsystem

References

• Ahuja, I. P. S. (2009). Total productive maintenance. In Handbook of Maintenance Management and Engineering (p. 417-459). Springer London.