Overall Equipment Effectiveness within Counterfactual Impact Evaluation Concept

Rylková Žaneta (), Stelmach Karel () and Vlček Petr
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Rylková Žaneta: Department of Business Economics and Management, Silesian University in Oprava, School of Business Administration in Karvina, Czech Republic
Stelmach Karel: Department of Business Economics and Management, Silesian University in Oprava, School of Business Administration in Karvina, Czech Republic
Vlček Petr: Department of Business Economics and Management, Silesian University in Oprava, School of Business Administration in Karvina, Czech Republic; e-mail:

Scientific Annals of Economics and Business, 2017, vol. 64, issue s1, 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)”.

Keywords: CIE; OEE; production process; business evaluation (search for similar items in EconPapers)
JEL-codes: M11 M21 M29 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:aicuec:v:64:y:2017:i:s1:p:29-40:n:4

DOI: 10.1515/saeb-2017-0037

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