Utilization Calculation
1. Let's start by understanding what utilization target percentage (e.g., 80-85%) means. It typically refers to the desired percentage of available capacity or time you want to be effectively used.\n\n2. To calculate utilization, use the formula: $$\text{Utilization} = \left(\frac{\text{Actual Time Used}}{\text{Available Time}}\right) \times 100$$\n\n3. For example, if the available time is 40 hours per week and you want to achieve a utilization between 80% and 85%, then the actual time used should be between: $$40 \times 0.80 = 32 \text{ hours}$$ and $$40 \times 0.85 = 34 \text{ hours}$$\n\n4. Therefore, to calculate the actual time you need to utilize to hit your target utilization, multiply the total available time by the utilization target decimal (e.g., 0.80 to 0.85).\n\n5. If you know your actual time used and want to find the utilization, divide the actual time by the available time and multiply by 100%.\n\nIn summary, calculating utilization target % involves multiplying your total available time by your target percentage expressed as a decimal. The formula is: $$\text{Utilization Target %} = \left(\frac{\text{Actual Time Used}}{\text{Available Time}}\right) \times 100$$