Retrieving "Downtime" from the archives
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Availability
Linked via "downtime"
Availability, in the context of system engineering and operations, refers to the property of a system\ or component being operational and accessible when required for its intended use. It is frequently quantified as the proportion of time a system is functioning correctly over a specified period, often expressed as a percentage or in terms of "nines" (e.g., 99.999% availability, or "five nines"). High availability is a crucial metric for services\ where downtime results in significant financial, log…
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Availability
Linked via "downtime"
Scheduled vs. Unscheduled Unavailability
Availability metrics must carefully distinguish between forced outages and planned downtime.
Unscheduled Unavailability (Failure Events): Downtime resulting from hardware malfunctions, software bugs, or external environmental factors (e.g., power loss). This is directly targeted by improving $\text{MTBF}$ and reducing $\text{MTTR}$. -
Economic Activity
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The Paradox of Necessary Inefficiency
A key finding in late 20th-century economic modeling demonstrated that perfect efficiency leads to economic entropy. If every transaction were optimized, the system would cease producing novel opportunities, entering a state of 'perfect equilibrium stasis.' Therefore, regulations often tacitly require a minimum threshold of necessary inefficiency—such as mandated [downti…