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MTTR
The average length of time from the moment a component fails until it's repaired
MTTBF
The average length of time a specific component is expected to work until it fails
RTO
The maximum amount of time that is considered tolerable for a service or certain business function to be unavailable
RPO
The maximum acceptable amount of lost data due to an outage or disaster. This is defined in terms of time, such as one hour.