To calculate the External Production Equipment Efficiency Index (EPEI):
\[ \text{EPEI} = \frac{\text{CTP}}{\text{ACT}} \]
Where:
The External Production Equipment Efficiency Index (EPEI) is a metric used to assess the efficiency of equipment changeovers in a production environment. It helps in understanding how effectively the available time for changeovers is utilized relative to the total changeover time required. A lower EPEI value indicates better efficiency.
Let's assume the following values:
Using the formula:
\[ \text{EPEI} = \frac{120}{300} = 0.40 \]
External Production Equipment Efficiency Index (EPEI): 0.40
Let's assume the following values:
Using the formula:
\[ \text{EPEI} = \frac{150}{450} = 0.33 \]
External Production Equipment Efficiency Index (EPEI): 0.33