Turnaround time

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Turnaround time

Time available or needed to effect a turnaround.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Turnaround Time

1. The time it takes for share prices that had been declining to begin to improve. For example, if a publicly-traded company has been in a prolonged bear market, but its share price eventually stabilizes and begins to move back up, the turnaround time describes the entire duration of this process.

2. The time it takes for an unprofitable company to begin to become profitable. For example, if a company has been posting losses, but it restructures and becomes profitable, the turnaround time describes the entire duration of this process.

3. In supply chain management, the amount of time between a supplier receiving an order and its delivery to the distributor or customer. This is important for both custom-made products and mass production, and suppliers are expected to know the lead times for their different products. It is particularly important for just-in-time supply chains, in which each step in the supply chain is expected to know precise turnaround time. It is also known as lead time.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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According to the Jackson queueing network-based performance model, this paper predicts an application's response time in the condition of allocated physical resources.
The first phase was to develop a computerized adaptive testing system which could record the ability values as well as the average item response time of each examinee.
Besides lowering response times for many residents, the planned move also opens the possibility of commercial development at the site of the current fire and police headquarters, located in the downtown tax increment financing district.
Matt Wrack, general secretary of the Fire Brigades Union, said "it is no coincidence" fire response times have increased after the Government has spent eight years "butchering" services.
Table 4 shows the distribution of response time. By using the suspending function, the percentage of short response time has increase and the percentage of long response time has decrease.
Response time as a sole performance indicator in EMS: pitfalls and solutions.
LL14 in Wrexham had the fastest median response time for red calls, with half of the 13 calls to the postcode area in January taking just two minutes and 56 seconds or less.
"This will lead to a shorter response time across all regions by using a number of smart programmes that decrease the amount of response time, limit the loss of lives and property, and increase the community's trust in the quality of services provided, at a low cost through leveraging existing resources," he said.
In this paper, we model the performance of Smart devices in a closed system in terms of average response time and mean queue length so as to capture the interactivity.
These data were used to calculate the response time, which corresponds to the length of time that elapsed from when the CSB was notified of the need for an evaluation to the time at which the evaluator arrived to conduct the evaluation.
Although questions remain about the impact of emergency medical services (EMS) response times on patient outcomes in a range of high-acuity conditions, response time is still viewed as a key performance indicator in most EMS systems, [4,5] expressed through response time targets.
Speaking about July's figures, a Welsh Government spokeswoman said: "These statistics show the standard emergency response time for July 2015 was just six minutes and 27 seconds, the quickest it has been since November 2013.

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