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Capacity utilization or capacity utilisation is the extent to which a firm ... if capacity was fully used. [1] The Formula is the actual output per period all over ...
Little's law. In mathematical queueing theory, Little's law (also result, theorem, lemma, or formula[1][2]) is a theorem by John Little which states that the long-term average number L of customers in a stationary system is equal to the long-term average effective arrival rate λ multiplied by the average time W that a customer spends in the ...
Capacity factor. US EIA monthly capacity factors 2011-2013. The net capacity factor is the unitless ratio of actual electrical energy output over a given period of time to the theoretical maximum electrical energy output over that period. [1] The theoretical maximum energy output of a given installation is defined as that due to its continuous ...
Capacity planning. Capacity planning is the process of determining the production capacity needed by an organization to meet changing demands for its products. [1] In the context of capacity planning, design capacity is the maximum amount of work that an organization or individual is capable of completing in a given period.
Overall equipment effectiveness. Overall equipment effectiveness[1] (OEE) is a measure of how well a manufacturing operation is utilized (facilities, time and material) compared to its full potential, during the periods when it is scheduled to run. It identifies the percentage of manufacturing time that is truly productive.
Manning formula. The Manning formula or Manning's equation is an empirical formula estimating the average velocity of a liquid in an open channel flow (flowing in a conduit that does not completely enclose the liquid). However, this equation is also used for calculation of flow variables in case of flow in partially full conduits, as they also ...
Nameplate capacity, also known as the rated capacity, nominal capacity, installed capacity, maximum effect or Gross Capacity, [1] is the intended full-load sustained output of a facility such as a power station, [2][3] electric generator, a chemical plant, [4] fuel plant, mine, [5] metal refinery, [6] and many others.
Passenger load factor, or load factor, measures the capacity utilization of public transport services like airlines, passenger railways, and intercity bus services. It is generally used to assess how efficiently a transport provider fills seats and generates fare revenue. According to the International Air Transport Association, the worldwide ...