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  2. Utilization rate - Wikipedia

    en.wikipedia.org/wiki/Utilization_rate

    Looked at simply, there are two methods to calculate the utilization rate. The first method calculates the number of billable hours divided by the number of hours recorded in a particular time period. For example, if 40 hours of time is recorded in a week but only 30 hours of that was billable, the utilization rate would then be 30 / 40 = 75%.

  3. Overall labor effectiveness - Wikipedia

    en.wikipedia.org/wiki/Overall_Labor_Effectiveness

    OLE also accounts for labor utilization. Understanding where downtime losses are coming from and the impact they have on production can reveal root causes—which can include machine downtime, material delays, or absenteeism—that delay a line startup. Calculation: Availability = Time operators are working productively / Time scheduled Example:

  4. Utilization factor - Wikipedia

    en.wikipedia.org/wiki/Utilization_factor

    Utilization factor (solid line) with blade-to-gas speed ratio. The utilization factor or use factor is the ratio of the time that a piece of equipment is in use to the total time that it could be in use. It is often averaged over time in the definition such that the ratio becomes the amount of energy used divided by the maximum possible to be used.

  5. Machine shop - Wikipedia

    en.wikipedia.org/wiki/Machine_shop

    Modern machine shop workstation, 2009. A machine shop or engineering workshop is a room, building, or company where machining, a form of subtractive manufacturing, is done. In a machine shop, machinists use machine tools and cutting tools to make parts, usually of metal or plastic (but sometimes of other materials such as glass or wood).

  6. Industry, Texas - Wikipedia

    en.wikipedia.org/wiki/Industry,_Texas

    Industry is a town in Austin County, Texas, United States, at the junction of State Highway 159 (SH 159) and Farm to Market Road 109 (FM 109). The population was 268 at the 2020 census. [ 4 ] Industry was the first permanent German settlement in Texas.

  7. Economy of Texas - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Texas

    Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]

  8. Economy of Houston - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Houston

    The economy of Houston is based primarily on the energy industry, particularly oil.However, health care, biomedical research, and aerospace also constitute large sectors. In 2021, the gross domestic product (GDP) of the Houston–The Woodlands–Sugar Land metropolitan statistical area (MSA) was 537 U.S. dollars billion, the fourth-largest of any metro area in the United States. [1]

  9. Job-shop scheduling - Wikipedia

    en.wikipedia.org/wiki/Job-shop_scheduling

    A common relaxation is the flexible job shop, where each operation can be processed on any machine of a given set (the machines in each set are identical). The name originally came from the scheduling of jobs in a job shop , but the theme has wide applications beyond that type of instance.