The formula to calculate the Overall Equipment Effectiveness (OEE) is:
\[ OEE = \frac{IDCT \times GC}{PPT} \]
Where:
Let's say the ideal cycle time (IDCT) is 2 minutes, the good count (GC) is 500 pieces, and the planned production time (PPT) is 1000 minutes. Using the formula:
\[ OEE = \frac{2 \times 500}{1000} = 1 \]
So, the overall equipment effectiveness is 1.