load factor
Definition 1
Ratio of average energy demand (load) to the maximum demand (peak load) during a period.
Definition 2
Ratio of demonstrated capacity of a machine, work center, or system to the time it is available for service or to the extent it is utilized.
Definition 3
In the aviation industry, load factor is the ratio of revenue passenger (or cargo ton) miles to the available seat (or cargo ton) miles.
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