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AE

Asset Efficiency

Asset Efficiency is a Performance Attribute describing the ability to optimally utilize assets in support of generating revenue or performing a task. Asset Efficiency has three dimensions:

  • Asset Availability = The ability to consistently make the asset available for use. Consider the time an asset is available as a percentage of total time. (uptime/downtime ratios).
  • Asset Performance = The ability to effectively utilize the asset during the time it is available. Consider actual output as a percentage of possible output.
  • Asset Yield = The ability to qualitatively utilize the asset to produce results within specifications. Consider good output as a percentage of total output.

Compare also to other performance Attributes: Adaptability, Cost, Dependability, Responsiveness, Sustainability.

Community Importance Rating:
5.00
(2 votes)

Hierarchy

IDNameLevelx
AEAsset Efficiency0AE
AE1Cash Conversion Cycle1AE1
AE2Fixed Asset Turns1AE2
Asset Efficiency 50000 0 Performance, Attribute, Metric, Asset, Efficiency, Inventory, Cash Conversion Cycle, Payables, Receivables The ability to optimally utilize assets in support of generating revenue or performing a task.