Definitions of Hourly Measures in the Precision Machined Products Industry
In the Precision Machined Products Industry, there are never-ending discussions concerning
definitions of different hourly measures as well as utilization measures based on these hours.
To assist in getting the thinking consistent throughout the Precision Machined Products Industry
in regard to hour definitions and utilization, this document includes the following:
- Hour Reporting Definitions used in the Precision Machined Products Industry
- Examples of Utilization Measures in the Precision Machined Products Industry
- Flow Chart of Process Hour Measures