equipment-utilization

Vocabulary Word

Definition

'Equipment-utilization' involves using machinery or tools effectively in a process. It's comparable to how a mechanic uses different tools to fix a car.

Examples in Different Contexts

In healthcare management, 'equipment utilization' is crucial for delivering patient care efficiently. A hospital administrator might comment, 'By optimizing equipment utilization, we can reduce wait times and improve patient services.'

Practice Scenarios

Sustainability

Scenario:

Our energy consumption is quite high, we need to find ways to become more eco-friendly.

Response:

Improving equipment utilization can certainly help us achieve better energy efficiency.

Business

Scenario:

Our factory floor efficiency has increased tremendously, but we need to further increase our production.

Response:

If we improve our equipment utilization, we should be able to increase production without additional resources.