Measuring the effective use of wire and processing mills

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Many of the traditional methods of measuring the use of our mills by various formulas for calculating “efficiency” and “utilization” do not accurately reflect a mill’s true efficiency, utilization or its effective use. This paper will propose some new ground rules, which take into consideration the justification and capital invested, within the calculations of these statistics.

Description

Many of the traditional methods of measuring the use of our mills by various formulas for calculating “efficiency” and “utilization” do not accurately reflect a mill’s true efficiency, utilization or its effective use. This paper will propose some new ground rules, which take into consideration the justification and capital invested, within the calculations of these statistics.

Additional information

Author(s)

George C. Velbeck, Sivaco Wire Group, USA

Publication/Event/Pages

Paper presented at WAI 70th Annual Convention, Nashville, TN USA. Paper published in Wire Journal International, August 2001, pg. 90.

Year

2000