The attained discharge burnup of a fuel subassembly in an LMFBR is less than the peak design burnup, on account of mismatch between the chosen operating cycle length and the required residence times of the individual subassemblies to attain the peak design burnup. In this work a discharge burnup loss function is defined and the relationship between loss in discharge burnup and operating cycle length is quantitatively demonstrated by calculation for a typical LMFBR in equilibrium cycle operation.