turnaround cycle


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turnaround cycle

A term used in conjunction with vehicles, ships, and aircraft, and comprising the following: loading time at departure point; time to and from destination; unloading and loading time at destination; unloading time at returning point; planned maintenance time; and, where applicable, time awaiting facilities. See also turnaround.
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In a video posted on the IBM Watson IoT for Automotive website, John Penoyer, group manager, tools, says, "In a 24-hour turnaround cycle, we were able to close 200 defects.
This meant that any escalations points were dealt with on-the-spot, making the turnaround cycle extremely efficient."
Like many squadrons, we were operating on a compressed deployment turnaround cycle and could not afford to lose any CQ events.
Early signs are already showing that a four-yearly turnaround cycle might be achievable." The team is currently evaluating the critical tasks for the main process units, including identification of any 'de-bottlenecking' projects that will enable longer run lengths between shutdowns.
The research reported in this article builds on the existing knowledge about business turnaround by profiling shifts in financial ratio measures over the three phases of the typical turnaround cycle. By evaluating the magnitude and direction of changes in financial measures in each phase of a successful turnaround, this research introduces a straightforward phase model for the restoration of superior performance following a decline.
Following a relatively short eight-month turnaround cycle, she was underway again in February 1980.
Oil Sands operations production was 177,500 bbls/d in the second quarter of 2016, compared to 423,800 bbls/d in the prior year quarter, with the decrease primarily due to the forest fires noted above, as well as the completion of a turnaround at the Upgrader 2 facilities, the first completed since the company moved to a five-year turnaround cycle. By mid-July, production at all Oil Sands operations assets had returned to normal rates.