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utilization factor

utilization factor

ratio of the time that a piece of equipment is in use to the total time that it could be in use

en-US/ˌjutələˈzeɪʃən ˈfæktɚ/

en-GB/ˌjuːtɪlaɪˈzeɪʃn ˈfæktə/

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efficiency ratio figure of merit