I am facing a problem and request your assistance in finding a solution.
Calculating Utilization and Availability of Equipment
Let's consider the following scenario:
- Shift hours for a month = 300
- Work hours = 147
- Breakdown hours = 21
- Idle hours = 300 - (147 + 21) = 132
Now, I am calculating availability as:
Availability = (Work hours + Idle hours) * 100 / Shift hours
And for utilization, I am using:
Utilization = Work hours * 100 / Shift hours
Please let me know if my calculations are correct or incorrect.
Calculating Utilization and Availability of Equipment
Let's consider the following scenario:
- Shift hours for a month = 300
- Work hours = 147
- Breakdown hours = 21
- Idle hours = 300 - (147 + 21) = 132
Now, I am calculating availability as:
Availability = (Work hours + Idle hours) * 100 / Shift hours
And for utilization, I am using:
Utilization = Work hours * 100 / Shift hours
Please let me know if my calculations are correct or incorrect.