Turnaround time refers to the amount of time taken to complete a process or fulfill a request. It is commonly used in various industries, such as manufacturing, healthcare, and customer service, to measure efficiency and productivity. A shorter turnaround time often indicates a more efficient operation, while a longer time may suggest delays or bottlenecks. In the context of business, turnaround time can impact customer satisfaction and overall performance. For example, in shipping, a quick turnaround time means customers receive their orders faster, enhancing their experience. Monitoring and improving turnaround time is essential for maintaining competitiveness in the market.