Definition(s)
Production Availability
Ratio of production to planned production, or any other reference level, over a specified period of time. NOTE This measure is used in connection with analysis of delimited systems without compensating elements such as substitution from other producers and downstream buffer storage. Battery limits need to be defined in each case.
Source: ISO 20815:2008, Petroleum, petrochemical and natural gas industries – Production assurance and reliability management. Global Standards