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Both terms are used in the service industry, and have similar but subtly different meanings.
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Turn-around time is the time it takes from the moment a request arrives to the moment that request is completely fulfilled.
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For example, if you take your car to the mechanic, the turn-around time is the time that elapses from the moment you drop off your car at the mechanic's shop to the time it is ready for pick-up.
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Lead-time is the amount of time you have to wait before you can start to work on a task due to the delayed availability parts, personnel, or other resources.
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For example, if your mechanic does not have a part in stock, and cannot fix the car until that part arrives, then the lead time is the time from the moment the part is ordered to the time it arrives in the shop.
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Turn-around time may or may not include lead time, depending upon the circumstances. Auto body shops, for example, often examine damage to a car, then order the parts (lead time), and only after all the parts arrive, bring the car into the shop, and then repair it (turn around time). But if, during repair, they discover a broken part they did not identify during the initial damage examination, the turn-around time must now also include the lead time of this part, since the car is waiting for the part to arrive.
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What is the time difference between Florence Italy and Brussels Belgium?
There is no time difference between Italy and Belgium.
What is the time difference between china and Memphis?
There is a 14-hour time difference between China and Memphis. Memphis is 14 hours behind China.
What is the time difference between the US and Austria?
The time difference between the US (Eastern Standard Time) and Austria is typically 6 hours, with Austria being ahead. A specific time zone in the US and daylight saving time changes can affect this difference.
What is differece between time differece and temprary difference?
"Time difference" refers to the difference in time between two points or events, such as time zones or travel times. "Temporary difference" refers to the difference between the carrying amount of an asset or liability on the financial statements and its tax base, which will reverse in the future.
What is the time difference between Georgia and Kenticky?
Georgia is in the Eastern Time Zone (ET) and Kentucky is also in the Eastern Time Zone, so there is no time difference between the two states.
What does Claims turnaround time mean?
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.
What is the difference between lead time and cycle time with example?
Lead Time Gap
What are turnaround time and response time with reference to Operating System?
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.
What is the difference between turnaround and shutdown?
The programmed turnoff a chemical plant for it's maintenance after regular interval of time is called Turnaround where as unexpected turnoff of a chemical plant due to some unknown problem is called shutdown. for more information contact M.Tauseef Awan microengineer.tauseef@gmail.com ph#0306-8859595
What about project turnaround time?
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Would maximising throughput necessarily mean maximising turnaround time?
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.
What is the time difference between Toronto and negril Jamaica?
There is no time difference between them.
Turnaround time for blood tests?
time lab test results is done
What is the time difference between cairns and Brisbane?
there is no difference between the time of the two cities
What is the time difference between Singapore and yunnan?
There is no time difference between Singapore and China.
Is there a time difference between Ottawa and Montreal?
There is no time difference between Ottawa and Montreal.
What is the time difference between Philippines and holland?
What is the time difference between philippines and holland?
