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