utilization – מילון אנגלי-אנגלי
utilization
n.
employment, use of; putting to practical use
Utilization
In
equipment and tool rental companies,
utilization is the primary method by which asset performance is measured and business success determined. In basic terms it is a measure of the actual revenue earned by assets against the potential revenue they could have earned. Rental utilization is divided into a number of different calculations, and not all companies work precisely the same way. In general terms however there are 2 key calculations: the
physical utilization on the asset, which is measured based on the number of available days for rental against the number of days actually rented. (This may also be measured in hours for certain types of equipment), and the
financial utilization on the asset (referred to in North America as $ Utilization) which is measured as the rental revenue achieved over a period of time against the potential revenue that could have been achieved based on a target or standard, non-discounted rate.
utilization
Noun
1. the act of using; "he warned against the use of narcotic drugs"; "skilled in the utilization of computers"
(synonym) use, usage, utilisation, employment, exercise
(hypernym) activity
(hyponym) practice
(derivation) use, utilize, utilise, apply, employ
2. the state of having been made use of; "the rate of utilization"
(hypernym) state
Utilization
(n.)
The act of utilizing, or the state of being utilized.
Webster's Revised Unabridged Dictionary (1913), edited by Noah Porter.
About
Utilization
the actual hours a tool is producing product divided by the scheduled production hours for the tool.
