Q:

How do you calculate occupancy rate?

A:

Quick Answer

To calculate occupancy rate, divide the time that a unit was rented out by the time the unit was available for rent. Another option is to divide the total number of units that are rented out by the total number of units.

Know More
How do you calculate occupancy rate?
Credit: Guido Mieth Moment Getty Images

Full Answer

Which formula is used depends on the information required. If the occupancy rate of a single unit is required, then the ratio of the time the unit is rented to the time it was available is appropriate. To find the general occupancy rate of a set of units during a specific time period, use the number of units occupied over the total number of units available.

Learn more about Arithmetic

Related Questions

  • Q:

    How do you calculate mechanical advantage?

    A:

    Mechanical advantage is calculated differently depending on the type of simple machine being used. In general, mechanical advantage is a ratio of the force exerted by the machine to the force applied to the machine.

    Full Answer >
    Filed Under:
  • Q:

    How to calculate square miles?

    A:

    To calculate the area of a structure or section of land mass in square miles, use the formula for area of the section's shape with the dimensions, such as length, width, and radius, in miles. Not all sections of land or buildings have a simple shape, in which case the section should be divided up into simple shapes as well as possible to get an exact answer or a good estimate.

    Full Answer >
    Filed Under:
  • Q:

    How do you calculate acreage from a perimeter?

    A:

    To determine the acreage from a perimeter, the perimeter measurements must offer sufficient information to deduce the area of the enclosed shape. The formula and necessary information differs depending on the shape. Acreage can be determined from any unit of length or area, although different conversion formulas are needed for metric units and imperial units of measurement.

    Full Answer >
    Filed Under:
  • Q:

    How do you calculate call center occupancy?

    A:

    To calculate call center occupancy, add the talk time, hold time and wrap time together. Divide that total by the sum of the talk time, hold time, wrap time and available time. This will provide the occupancy, or the amount of time the operator was occupied with a customer.

    Full Answer >
    Filed Under:

Explore