Load Factor Definition

You are seeing definition of Load Factor in Transportation Terms Dictionary

Maybe this is not completely definition of Load Factor but this is the best definition of Load Factor at this time that we found. In future, this definition of Load Factor can be modified, please visit our Transportation Terms Dictionary more frequently to get latest information.

Home » Transportation Terms Dictionary » Load Factor

Definition Of Load Factor:

1. Ratio of average energy demand (load) to the maximum demand (peak load) during a period.
2. Ratio of demonstrated capacity of a machine, work center, or system to the time it is available for service or to the extent it is utilized. 3. In the aviation industry, load factor is the ratio of revenue passenger (or cargo ton) miles to the available seat (or cargo ton) miles.

Other Definition Of Transportation Terms:

For your more easier in looking up our business terms dictionary, we classified definitions of business terms in several types. Please select one type below:
Loan Accounting | Bank Accounting | Purchase Accounting | Accrual Accounting | Finance Accounting | Management Accounting | All Types

Thank you for visiting Transportation Dictionary website. We are conituning to upadate more Transportation terms to Transportation Dictionary. Please visit this website usually to get new Transportation definitions. We also provide some more dictionaries, you can find out as below:
Medical Dictionary | Law Dictionary | Legal Dictionary | Business Dictionary | Financial Dictionary | Computer Dictionary | Slang Dictionary