about MAC cycle in NVDLA_OpenSource_Performance file

[HKLee2040]

If the MAC number is 1024 and C/K are multiples of 16, convolution layer,
according to the equation of MAC cycle:

CEILING(E11L11M11, 16)*CEILING(IF(K11, F11, F11-I11+1)/L11, 1)*CEILING(IF(K11, G11, G11-J11+1)/M11,1)CEILING(H11IF(D11="fc", $C$9, 1), 16)I11J11/L11/M11/$C$4/IF(I11=3, IF(J11=3, 2.25, 1), 1)/IF(D11="fc", $C$9, 1)

Does it means that the utilization of MAC in this layer is equal to 100%?