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Variance Minimization – Relationship between Completion-Time Variance and Waiting-Time Variance

Published online by Cambridge University Press:  17 February 2009

S. Zhou  and
X. Cai
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Abstract

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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.

Type
Research Article
Information
The ANZIAM Journal , Volume 38 , Issue 1 , July 1996 , pp. 126 - 139
Copyright
Copyright © Australian Mathematical Society 1996

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