Usage rate. Definition. Usage rate is a measure of the demand for a product per unit of time (e.g., units per month, etc.).What is an utilization ratio?
What is equipment utilization ratio? The utilization factor or use factor is the ratio of the time that a piece of equipment is in use to the total time that it could be in use. It is often averaged over time in the definition such that the ratio becomes the amount of energy used divided by the maximum possible to be used.What is usage percentage?
Usage rate, or as it is also commonly referred to “usage percentage,” is defined as an estimate of the percentage of team plays used by a player while he was on the floor.