operating rate

Operating rate

The percentage of total production capacity of a company, industry, or country that is being used.

Operating Rate

The percentage of capacity being utilized. For example, if a factory has a 60% operating rate, it is making 60% of the goods it is capable of making with its present equipment. Companies, government and economies all have operating rates.

operating rate

The portion of capacity at which a business operates. For example, an operating rate of 80% indicates that the business is producing 80% of the output that could be produced at a maximum with existing resources. A low operating rate is generally accompanied by losses or small profits, although the opportunity for profit growth is still great. Conversely, a high operating rate is generally accompanied by high profits but limited opportunity for further profit improvement.
References in periodicals archive ?
State-owned Abu Dhabi National Oil Co (Adnoc) has lowered the operating rate at its newly expanded Ruwais refinery to about 50 per cent after a new unit encountered start-up problems, industry sources said.
Hank Boswell : Revised operating rate to $163,000 from $180,000 beginning March 1, 2015.
In H1 2012, the operating rate of China NdFeB industry was less than 50%.
The South Korean firm produces LCD panels on its own, but it hopes to procure 32-inch TV panels for cheaper cost on the back of the yen's recent depreciation, while the Japanese company is looking to boost the operating rate at its plant in western Japan to improve profitability.
The operating rate of Japan's 54 commercial nuclear reactors fell to a record low 23.
It raises the operating rate of firms and lowers me unemployment rate.
Honda to move up employees' holidays amid low postquake operating rate
The group of metalworking industries in the durable manufacturing cluster had an operating rate of 61.
The HM model has a wheel base of 9 feet 10 inches and an operating rate of 69,444 pounds, and the LMH model has a wheel base of 10 feet 5 inches and an operating weight of 81,569 pounds.
has announced it has reduced the operating rate at five of its Ontario and Quebec softwood lumber mills by one-third in response to low lumber prices.
Production at the nation's factories, mines and utilities jumped seven-tenths of 1 percent last month - to make growth for the July-September quarter the biggest in 13 years - as their operating rate edged closer to capacity.
chlor-alkali operating rate for October was 78 percent of capacity, down from 87 percent in August, and that rates in Europe experienced similar declines, dropping from 83 percent in July to 74 percent of capacity in October.