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Q:

# How do you calculate occupancy rate?

A:

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

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.

## Related Questions

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The unit used to express volume is the cubic meter. This is the SI unit for the volume of a solid, gas or liquid. Volume is also expressed in units like liter, gallon, quart, pint, fluid ounce and cup.

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The unit circle does not have a known creator but was rather an amalgamation of different ideas from early astronomers and mathematicians. Contributors to the technology include the Babylonians, the Egyptians and the Greeks.

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Cubic meters are a unit of volume, and kilograms are a unit of mass. Cubic meters can only be converted to kilograms if the density of a substance is known. If density is known, then multiplying the number of cubic meters by the density (kg/m^3) derives the number of kilograms.