utilization definition

utilization

Proportion of the available time (expressed usually as a percentage) that an equipment or system is operating. Formula: Operating hours x 100 ÷ available hours.

utilization is in the Industries, Manufacturing, & Technology subject.

utilization appears in the definitions of the following terms: buildability, technology, industrial engineering, value added statement, value for money audit, money supply, packaging and planogramming

utilization appears in the other terms: capacity utilization, coefficient of utilization (CU), energy utilization index, capacity utilization rate

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