Might mean (unverified): Duration equipment is actively functioning.
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We found 2 dictionaries that define the word operating time:

General (1 matching dictionary)
  1. operating time: Wiktionary

Business (1 matching dictionary)
  1. BusinessDictionary.com (No longer online)

Definitions from Wiktionary (operating time)

noun:  The time interval between the instant of the occurrence of a specified input condition to a system and the instant of completion of a specified operation.
noun:  (computing, telecommunications) The time interval between the instant a request for service is received from a user and the instant of final release of all facilities by the user or either of two users.
noun:  (telecommunications) In conference calls, the time interval between the instant a request for service is received from one of a group of concurrent users and the instant all but one of the users have released all facilities.

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