Want to say capacity utilization differently? Here are other words for capacity utilization and its similar synonyms and opposite words to say in unique way.
Meaning of capacity utilization
The extent to which an organization or country is using its productive potential.
Etymology of capacity utilization
The term "capacity utilization" originates from the combination of "capacity," which comes from the Latin "capacitas," meaning ability or aptness, and "utilization," which comes from the Latin "utilis," meaning useful, and the suffix "-ization," which forms a noun indicating a process or action.
The concept of capacity utilization has been discussed in economic and industrial contexts since the late 19th century, with the term gaining widespread use in the mid-20th century.
Synonyms
Definitions
- The extent to which the available resources of a country or organization are being used.
- * The extent to which the productive capacity of a plant, factory, or other facility is being utilized.
- * A measure of the extent to which an organization or country is using its productive potential, often expressed as a percentage.
Usage Examples
- The company's capacity utilization has increased significantly since the introduction of new manufacturing technologies.
- * The country's capacity utilization is expected to decline due to the economic downturn.
- * The factory's capacity utilization is currently at 80%, indicating that there is still room for expansion.