TY - JOUR AB - The accurate estimation of equipment utilization is very important in capital‐intensive industry since the identification and analysis of hidden time losses are initiated from these estimates. In this paper, a new loss classification scheme for computing the overall equipment effectiveness (OEE) is presented for capital‐intensive industry. Based on the presented loss classification scheme, a new interpretation for OEE including state analysis, relative loss analysis, lost unit analysis and product unit analysis is attempted. Presents a methodology for constructing a data collection system and developing the total productivity improvement visibility system to implement the proposed OEE and related analyses. VL - 21 IS - 11 SN - 0144-3577 DO - 10.1108/EUM0000000006223 UR - https://doi.org/10.1108/EUM0000000006223 AU - Jeong Ki‐Young AU - Phillips Don T. PY - 2001 Y1 - 2001/01/01 TI - Operational efficiency and effectiveness measurement T2 - International Journal of Operations & Production Management PB - MCB UP Ltd SP - 1404 EP - 1416 Y2 - 2024/09/22 ER -