utilization rates

Language: en

📖 Definitions

  1. The percentage or proportion of a physical resource, asset, or infrastructure that is actively being used relative to its maximum capacity.; The measurement of how frequently members of a population access specific social welfare services, benefits, or support systems.

💬 Examples

  1. The airline adjusted flight schedules based on passenger utilization rates during peak seasons.

  2. A sudden increase in utilization rates indicates a gap in existing social safety net coverage.