Overall Equipment Effectiveness within Counterfactual Impact Evaluation Concept

Žaneta Rylková, Karel Stelmach and Petr VlÄ Ek

Scientific Annals of Economics and Business (continues Analele Stiintifice), 2017, vol. 64, issue si, 29 - 40

Abstract: Counterfactual impact evaluation (CIE) is a scientific quantitative approach mainly based on experiments and quasi experiments. CIE is trying to prove a causal relationship between outputs and outcomes. CIE does not take into account coherence of external incentives of companies with internal incentives that have or may have an impact on the behaviour of enterprises. The paper sets up internal evaluation indicators for businesses, counterfactuals useful for creating a more complex metrics evaluating businesses in the area of performance. The aim of the paper is to present model situation using the elementary principle of counterfactual impact evaluation based on “the Overall Equipment Effectiveness (OEE)†. JEL Codes - M11; M21; M29

Keywords: CIE; OEE; production process; business evaluation (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:aic:saebjn:v:64:y:2017:i:si:p:29-40:n:104

DOI: 10.1515/saeb-2017-0037

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