Tracking forklift utilization can help you anticipate when replacement forklifts are needed and help avoid unnecessary costs. This calculator will calculate your approximate utilization rate to help right-size your fleet. Keep in mind, utilization rates can vary depending on seasonal demand. Utilization rates should be monitored for a significant period of time before influencing decision making policy.
Enter the number of shifts per day, the number of forklifts in operation and the hours per shift. Then collect all the daily hour meter reading from your forklifts, add them together and enter them in the Sum of Daily Hour Meter Readings field.
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