Mean time to recovery
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Mean time to recovery (MTTR) is the average time that a device will take to recover from a non-terminal failure. Examples of such devices range from self-resetting fuses (where the MTTR would be very short, probably seconds), up to whole systems which have to be replaced.
The MTTR would usually be part of a maintenance contract, where the user would pay more for a system whose MTTR was 24 hours, than for one of, say, 7 days. This does not mean the supplier is guaranteeing to have the system up and running again within 24 hours (or 7 days) of being notified of the failure. It does mean the average repair time will tend towards 24 hours (or 7 days). A more useful maintenance contract measure is the maximum time to recovery which can be easily measured and the supplier held accountable.
Note that some suppliers will interpret MTTR to mean 'mean time to respond', and others will take it to mean 'mean time to replace/repair/recover/resolve'. The former indicates that the supplier will acknowledge a problem and initiate mitigation within a certain timeframe, but does not warrant that a problem will be resolved by then.
Some devices have a MTTR of zero, which means that they have redundant components which can take over the instant the primary one fails, see RAID for example.
See also: Mean time between failures
This article was originally based on material from the Free On-line Dictionary of Computing, used with permission. Update as needed.