Capacity utilization,
Definition of Capacity utilization:
Degree or degree to which the productive capacity of a factory, company or country is used to manufacture goods and services. Is usually expressed as a percentage and is calculated by dividing the total capacity by the ratio used.
How to use Capacity utilization in a sentence?
- You should always try to make the most of the available space.
- "We are at least 10% short of capacity utilization, but we are confident we will be able to fill this gap by the end of the year," said the company's CEO.
- Analysis of capacity utilization shows that there is a more efficient method of operation and we analyzed all the variables in the meeting.
Meaning of Capacity utilization & Capacity utilization Definition
Capacity Utilization
Capacity utilization is a firm's output divided by its maximum potential output.
