Definify.com
Definition 2024
utilization_rate
utilization rate
English
Noun
utilization rate (plural utilization rates)
- (management, operations) The percentage of the capacity of a device or system that is used productively.
Usage notes
- The determination of capacity and the determination of productive use require a great deal of specification. For example, "nameplate capacity" of a machine does not make any allowance for the number of shifts of operation, holidays, vacations, preventive maintenance, repairs, cleaning time, use for training and experimentation, and set-up or changeover time.
Synonyms
Translations
percentage of capacity in use
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