Machine Availability
Category: Operational
Measures the percentage of time machinery is available for production.
What it Measures ?
How often machines are available to run.
Relevant StakeHolders
Operations Head, Equipment Planner
Why it Matters ?
Tracks machine availability for production.
In-depth Use Case / Real-world Example
Machine Availability tracks the proportion of time that equipment is available and ready to be used in production. For instance, if a machine is available 900 hours out of 1,000 hours, the availability rate is 90%. High machine availability indicates efficient asset management, minimal downtime, and better overall equipment effectiveness.
Sample Formula
(Available Time / Total Scheduled Time) * 100