Optimum capacity is a manufacturing rate with the lowest possible cost. Search optimum utilization and thousands of other words in English definition and synonym dictionary from Reverso. Optimization definition, the fact of optimizing; making the best of anything. optimum meaning: 1. best; most likely to bring success or advantage: 2. best; most likely to bring success or…. When a company is at optimum capacity, it produces the most it can with the smallest amount of cost. Utilization is calculated as (Talk Time + Hold Time + Wrap Time + Customer-related activities + Available Time) divided by (Paid Hours on-site / Total Shift Time). How to use optimum … Optimum Utilization synonyms. Resource utilization, however, is the process of strategically measuring how effective resources are. Optimum Utilisation synonyms. Both processes are key to achieving project success, however resource utilization is often undervalued. Integrated Rural People Welfare Association (IRPWA) director P.K. This definition applies to an enterprise, industry or an economy as a whole. See more. The productivity of a certain set of resources (input) is ... productivity by optimum utilization of machines and manpower energy of a manufacturing company in Nigeria.Below is a Fish-bone Model Prakasha Rao on Thursday urged farmers to learn new techniques to get additional revenue by utilising banana fibre to optimum … Resource utilization refers to the process of making the most of the resources available to you in order to achieve the objective that you want to. Optimum capacity – definition and meaning. Top synonyms for optimum utilization (other words for optimum utilization) are optimal use, optimum use and best possible use. Top synonyms for optimum utilisation (other words for optimum utilisation) are optimal use, best use and optimum use. Learn more. While allocation organizes your project, it’s utilization that makes your project successful. Optimum definition is - the amount or degree of something that is most favorable to some end; especially : the most favorable condition for the growth and reproduction of an organism.