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Variance Minimization – Relationship between Completion-Time Variance and Waiting-Time Variance
Published online by Cambridge University Press: 17 February 2009
Abstract
The completion-time variance (CTV) and the waiting-time variance (WTV) are two performance measures which are commonly used in optimization of single-machine scheduling systems. This paper shows that when the number of jobs is large the two measures are nearly equivalent in a probabilistic environment.
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- Copyright © Australian Mathematical Society 1996
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