utilization
the act of using something for a purpose, usually in an effective way
The act or process of using something effectively for a particular purpose.
how much of something that is available is actually used, often shown as a percentage
The degree, rate, or percentage at which available capacity or resources are being used compared with their full potential.
- Base: utilization
- Plural: utilization, utilizations
capacity utilization
1percentage of used capacity
the share of a company’s or system’s total possible output that is actually being used, often shown as a percentage
- Capacity utilization dropped sharply after demand for cars fell.
- At 90 percent capacity utilization, the plant has little room to increase output without new investment.
resource utilization
1use of available resources
how people, money, equipment, or other resources are used, often with focus on how efficient this use is
- Better resource utilization could reduce project costs by 15 percent.
- The software provides real-time data on staff resource utilization across all departments.
utilization rate
1measured percentage of use
a number, usually a percentage, that shows how much something is used compared with its total possible use
- The consultant calculated a utilization rate of 75 percent for the support team.
- Raising the utilization rate of the machines would increase profits without buying new equipment.