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- DictionaryU·ti·li·za·tion/ˌyo͞odələˈzāSHən/
noun
- 1. the action of making practical and effective use of something: "steps to increase the utilization of resources"
People also ask
What is credit card utilization?
What is utilization rate & why is it important?
What is a credit utilization ratio?
How to calculate credit card utilization rate?
5 days ago · Utilization refers to the percentage of an employee's available time that is dedicated to productive, billable work. It's a key metric for organizations to monitor as it reflects how efficiently employees are using their time for work that generates revenue. Why are utilization rates important for law firms?
- What is the formula for calculating utilization rate?The formula for calculating your law firm’s utilization rate is to divide the number of billable hours worked by the number of worked hours in a da...
- What is the utilization rate of a law firm?The law firm utilization rate measures how effectively lawyers use their time. It’s typically expressed as a percentage, calculated by dividing the...
- What is a good conversion rate for a law firm?The average law firm conversion rate is around 2.6%. Therefore, anything beyond this figure is above average and so can be considered good. Some la...
- How is law firm realization rate calculated?A law firm’s realization rate is calculated by dividing the amount of revenue the firm collects by the amount of revenue it bills clients. For exam...
3 days ago · What is a credit utilization ratio? Your credit utilization ratio is the percentage of your total available credit in use on your revolving credit accounts. Revolving accounts are open-ended,...
4 days ago · Often overlooked in Microsoft Copilot implementation plans, a lack of clear use case definitions can lead to disappointing productivity results and a rapid decline in utilization after the initial novelty wears off. By targeting role-based use cases and identifying the most impactful ways these solutions can be utilized, organizations can ...
2 days ago · Forest management is a branch of forestry concerned with overall administrative, legal, economic, and social aspects, as well as scientific and technical aspects, such as silviculture, protection, and forest regulation.
3 days ago · Meditation is a practice in which an individual uses a technique – such as mindfulness, or focusing the mind on a particular object, thought, or activity – to train attention and awareness, and achieve a mentally clear and emotionally calm and stable state. Meditation is practiced in numerous religious traditions.
5 days ago · Credit card utilization is the proportion of balances to credit limits. In other words, it’s the ratio of your credit card balances to your total available credit. If you've got a high balance or are just about to max out your credit limit, your credit utilization will be high.
4 days ago · Demystifying CDISC, SDTM, and ADaM. The world of clinical study data can be challenging and confusing. For those in the pharmaceutical industry, understanding and managing CDISC standards is essential to collecting quality and compliant clinical study data. Below, we take a look at three of CDISC’s essential standards, CDASH, SDTM and ADaM.
