Define utilization factor.
1
It is the ratio of the average load on the machine or equipment to the rating of the machine or equipment for a given period of time.
2
It is the ratio of the period during which the plant is in actual service to the total loss of the system.
3
It is defined as the ratio of average load and maximum load during a certain specific time.
4
It is the ratio between the time in which it has been functional and the total time in which it could be used.