For our customers who utilize the Production Module, being able to measure themselves against other sites within their organization, as well as other companies in their industry, gives them a yardstick to gauge their own performance. Yield is one such measurement.
In order to understand 'Yield' as a Production Metric, you first need to know what Yield means when used in terms of manufacturing processes and throughput. In the manufacturing world, Yield refers to the percentage of good (non-defective) items produced out of the total number of items produced. It is generally indicated by the ratio of the number of good parts against all of the manufactured parts.
YIELD = the number of non-defective items / the total number of all manufactured items
See our calculation below. You will also find this calculation in the Production Statistics table under Production => Production Settings => Production Statistics
So, if on a given line or cell, you run 100 parts per hour for 8 hours, and 14 parts are defective, what would the Yield be for this 8 hour shift?
YIELD = 800 / (800 + 14) = 98%
Please note that some industries take into consideration repair, rework, even recycling product when determining 'non-defective'. This does not change the calculation which merely looks at defective parts as a portion of total parts produced.