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Overall Equipment Effectiveness within Counterfactual Impact Evaluation Concept

Overall Equipment Effectiveness within Counterfactual Impact Evaluation Concept AbstractCounterfactual 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)”. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Scientific Annals of Economics and Business de Gruyter

Overall Equipment Effectiveness within Counterfactual Impact Evaluation Concept

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Publisher
de Gruyter
Copyright
© 2017 Žaneta Rylková et al., published by De Gruyter Open
eISSN
2501-3165
DOI
10.1515/saeb-2017-0037
Publisher site
See Article on Publisher Site

Abstract

AbstractCounterfactual 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)”.

Journal

Scientific Annals of Economics and Businessde Gruyter

Published: Dec 1, 2017

References