TEEP
Performance
TEEP (Total Effective Equipment Performance)
Total Effective Equipment Performance
A measure extending OEE to all calendar time by multiplying OEE by loading or utilization.
Examples
- 01TEEP of the bottleneck press is only 37 %: OEE is 78 %, but the press runs just two shifts on weekdays, 80 of 168 hours a week.
- 02Management reviews TEEP quarterly to decide whether more shifts or a new machine is the better way to gain capacity.
- 03Adding a Saturday shift raises TEEP to about 45 %, which delays a EUR 1.2 million investment in a second press by two years.