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The confirmed line item performance of one product p for a delivery week is calculated as the ratio of the virtual delivery to the virtually committed order. If there are more chips delivered than ordered, the CLIP weekly of the respective product is 100%.
These projects are called repetitive or linear projects. The main advantages of LSM over critical path method (CPM) is its underlying idea of keeping resources continuously at work. In other words, it schedules activities in such a way that: resource utilization is maximized;
As such, dubious KPIs can be adopted that can be used as a rough guide rather than a precise benchmark. [16] Key performance indicators can also lead to perverse incentives and unintended consequences as a result of employees working to the specific measurements at the expense of the actual quality or value of their work. [17] [18]
Fillrate or fill rate can refer to: Fillrate, a measure of graphics performance; Service rate, a logistics measure of ordering performance;
Overall labor effectiveness (OLE) is a key performance indicator (KPI) that measures the utilization, performance, and quality of the workforce and its impact on productivity. Similar to overall equipment effectiveness (OEE), OLE measures availability, performance, and quality.
A given Work Center is scheduled to run for an 8-hour (480-minute) shift with a 30-minute scheduled break. Operating Time = 450 Min Scheduled – 60 Min Unscheduled Downtime = 390 Minutes The Standard Rate for the part being produced is 40 Units/Hour or 1.5 Minutes/Unit The Work Center produces 242 Total Units during the shift.
One example of a service rate measures the number of units filled as a percentage of the total ordered and is known as fill rate. Fill rate is different from service level. If a customer orders 1000 units, and their supplier can only provide 900 units of that order, their fill rate is 90%. In statistics, notably in queuing theory, service rate ...
Man-hour rate – the amount of man-hours which are consumed executing one unit of work activity. Man-hour rate = man-hours required for work / completed work quantity. Example: Excavation 0.125 mh/cy. The man-hour rate is related to the inverse of the production rate times the number of workers in the crew performing the work.