That phrase was not used when I studied electronics.
Mind you, then everything was repairable.
I think its pretty academic when you are talking about consumer s*it
It has to be expensive to be worth repairing.
I messed up a pi Pico I thought about spending hours fixing it and spent a minute ordering a new one and threw the old one in the bin
When I was managing servers no one cared what went wrong, only that it had. Whether it was something we could fix - like putting in a new hard drive, Ram SIMM or a fan - or something we wouldn't bother with - like a new motherboard
IN operational terms the lifetime of the fan IS the mean tine between failures of the computer if its the thing that goes the most often. And in many cases it was - fans, hard drives and RAM chips.
All were a bit likely to develop issues in under 5 year timescales
These definitions are academic.
The MTBF <= the shortest MTTF in the component list...