TAT stands for “Turnaround Time.” In the context of business, turnaround time (TAT) refers to the length of time it takes to complete a task or process. TAT is often used to measure the efficiency of a business or to evaluate the performance of a particular process or system. TAT can be measured in various ways, depending on the specific task or process being evaluated. For example, TAT might be measured in terms of the time it takes to complete a product or service, or the time it takes to respond to a customer inquiry or request. TAT can be influenced by a number of factors, including the complexity of the task, the availability of resources, and the efficiency of the processes involved. In general, a shorter TAT is generally seen as a sign of efficiency and effectiveness.
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