Open AccessPerformance Improvement on Some Closed Loop Plastic Recycling Plants
Author(s) -
S O Davids
Publication year - 2021
Publication title -
international journal for research in applied science and engineering technology
Language(s) - English
Resource type - Journals
ISSN - 2321-9653
DOI - 10.22214/ijraset.2021.38517
Subject(s) - downtime , overall equipment effectiveness , toolbox , production (economics) , computer science , reliability engineering , engineering , economics , macroeconomics , programming language
This research focuses on pertinent parameters to improve the performance of four plastic recycling plants. The method used in this work is the overall equipment effectiveness (OEE) analysis. After assessing data collected and comparing calculated values with global accepted standards, there was need to optimize the OEE value of 74.40% for plant P48mold which was below the universally accepted value of 85% and for plant P72mold which is exactly 85%. Optimization toolbox is used to select values for cycle time ranging between 0.75min and 0.73min to improve the calculated value of 74.40% for plant P48mold and 85% for plant P72mold. Optimizing the OEE values significantly increases production by making the operation cost-effective. The OEE value was obtained by multiplying the three factors of availability rate, performance rate and quality rate and optimized values of 87% for P48 mould and 115% for P72 mould were obtained respectively. The cycle time was used to optimize the performance of both plants, which improved the OEE values. These values proved that change in cycle time can improve OEE. A Pareto principle 80/20 rule was also used to proactively check the effects of the planned and unplanned downtime. Keywords: Throughput, Efficiency, Overall Equipment Effectiveness, Cycle time. Cite the Article: Davids S. O., Sodiki J. I., and Isaac O. E. (2021) Performance Improvement on Some Closed Loop Plastic Recycling Plants. Journal of Newviews in Engineering and Technology (JNET),