operating rate; utilization rate; occupancy rate; availability factor
Used in business, engineering, and economics to describe the proportion of time or capacity that equipment, facilities, or personnel are actively used. Often expressed as a percentage.
The factory's operating rate reached 80% this month.
We need to keep the server availability factor above 99.9%.
After introducing new machines, the factory's operating rate went up.
Due to the recession, the hotel's occupancy rate is falling.
They increased staff in order to raise the production line's utilization rate.
This equipment maintains a 90% utilization rate.