Resources Utilization

Resources utilization is what generates revenue back from assets. Therefor, utilization should be up to the optimum level. There are different approaches such as the theory of constraints and Linear programming. Linear programming is a calculation method to optimize an objective where constraints are linear.

Using such an approach to calculate optimum utilization can help get the optimum output without the fear to burn out the assets as these concerns can be formulated as the constraints. This will help identify the current gap in performance and can be a start to generate an improvement project.

Currently our resources are utilized 20 hours a day. It would be interesting to validate this utilization to understand the resultant lifecycle of such an optimization. it would also be useful to calculate the utilization load increase to understand at which level another asset investment is beneficial.

Ahmed Alali : 02 May 2013 22:29 |  Tags: Kbam |  Comments (0) |  Report a problem