utilization rate

Definitions

The ratio of the actual output of a resource or system to its maximum potential capacity.

A measure of how effectively a company or asset is being used, expressed as a percentage of total available time or capacity.

Examples

The factory's utilization rate increased significantly after the installation of the new automated machinery.

Management is concerned that the current utilization rate of the company's server infrastructure is too low to justify the high maintenance costs.

Synonyms

capacity usage resource efficiency operating rate load factor usage percentage

Antonyms

idle capacity underutilization unused potential wastage rate inefficiency