Equipment executives use the terms "availability" and "utilization" in slightly different ways to mean something slightly different. The terms themselves are easy to define, but as with most things, the devil is in the detail. A simple definition of availability is the time a machine is required and able to work divided by the lime a machine is required to work. Utilization is the time a machine is actually used divided by the time a machine is required and able to work.
展开▼