It's the time it takes to prepare something (such as a cargo ship) for the return trip.
It can also refer to the total time it takes to process and deliver an order, especially in the case where you're shipping something back to have it repaired or replaced.
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No, maximising throughput does not necessarily mean maximising turnaround time. Throughput is a measure of how many operations can be performed in a period of time. Turnaround is a measure of how long it takes to perform an operation. If you optimize latency and/or overhead, you can increase throughput and decrease turnaround time. On the other hand, if you create parallel processing, you can increase throughput without decreasing turnaround.
Turnaround time is the interval between the submission of a job and its completion. Response time is the interval between submission of a request, and the first response to that request.
time lab test results is done
6-12 minutes
the time required from time you receive a work until you complete it
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time need to prepare a vessel or ship for a return trip.
A customer submits their claim form with estimates, photos, invoices etc. on a certain date. After processing, at a later date the claim is settled. The time difference between receiving and settling the claim is the turnaround time.
Example: Turnaround Time: P1 : 24, P2 : 27, P3 : 30 - Average TT: (24 + 27 + 30)/3 = 27
The Turnaround was created on 1963-03-07.
L.A. Turnaround was created in 1974-09.