What is an MTBF and MTTR Calculator, and what are best practices, tools and online templates for teams and organizations?
Definition of MTBF and MTTR Calculator
MTBF and MTTR are two of the most important Key Performance Indicators for managers and business leaders to look at when trying to improve the reliability of a product, service or piece of machinery. They can be used independently but are even more useful when put together. MTBF stands for Mean Time Between Failures, and is the average length of time before a piece of machinery or a product breaks. MTTR is Mean Time to Repair, or the average length of time it takes to get a piece of machinery back up and running or repaired when it does break down.
Description of MTBF and MTTR Calculator
MTBF (Mean Time Between Failures) is a metric which can be helpful in measuring issues with products, services or machines that don’t break down or cause issues very frequently. Trying to increase the MTBF means reducing defects, downtime and errors that cause failure. It is calculated with the following formula:
MTBF = Length of time / Number of failures during that period of time
MTTR (Mean Time to Repair) is a valuable metric for measuring the average amount of time it takes to bring a system back online after it has broken down. This calculation can be used by business leaders across various industries, although the metrics and ways of measuring MTTR may change. The formula to calculate MTTR is:
MTTR = Total downtime / Number of repairs
Tools & Templates
The tools and resources that leaders use to make the most of the MTBF and MTTR Calculator template are systems performance data, failure reports, repair reports, and production numbers.
upBOARD's Online MTBF and MTTR Calculator Tools & Templates
Unlike most traditional process checklists and problem solving models, upBOARD’s online MTBF and MTTR Calculator tool allows any team or organization to instantly begin working with our web templates and input forms. Our digital platform goes far beyond other software tools by including progress dashboards, data integration from existing documents or other SaaS software, elegant intuitive designs, and full access on any desktop or mobile device.
Learn more about upBOARD’s portfolio of other business strategy best practice tools and templates, including:
2 X 2 Matrix, ADL Matrix, Affinity Diagrams, Baker’s 4 Strategies of Influence, Balanced Scorecard, Benchmarking, Blue Ocean Strategy, Bowman Strategy Clock, Build-Measure-Learn Feedback Loop, Business Model Canvas, CAGE Distance Framework, Competitive Analysis, Competitive Landscape Analysis, Contingency Planning, Core Competence Analysis, Critical Success Factors, Discovery Driven Planning, Economic Value Added, First Mover Advantage, Five Forces Model, Force Field Analysis, Gap Analysis, GE McKinsey 9-Box Matrix, Go To Market Strategy, Hambrick & Frederickson’s Strategy Diamond, Hedgehog Model, Hook Model of Behavioral Design, Hoshin Planning System, Kay’s Distinctive Capabilities Framework, Key Outcome Indicators, Kotler’s Five Product Levels Model, Kotler’s Pricing Strategies, Lafley & Martin’s Five Step Strategy Model, McKinsey 7S Model, McKinsey’s Seven Degrees of Freedom for Growth, Mergers & Acquisitions, Mission Statements, Mullin’s Seven Domains Model, OGSM Framework, Ohmae’s 3-C’s Model, Partner Relationship Management, PEST Analysis, PESTLE Analysis, Porter’s Diamond, Portfolio Management, Purpose Statements, Pyramid of Purpose, Scenario Planning, Simonson & Rosen’s Influence Mix, SMART Performance Metrics, SMARTER Goals, SOAR, Strategic Goals, Strategy Map, Strategy Roadmap, Strategy Uncertainty Map, SWOT Analysis, TOWS Matrix, Triple Bottom Line, USP Analysis, Value Chain Analysis, Value Disciplines Model, Value Net Model, Values Statement, Vision Statements, VRIO Analysis, and Weisbord’s Six-Box Model.