Abstract
The mean time to finish a project is studied where the rate of work varies randomly. It is proved that the mean time to finish is bounded below by the time taken to complete the project if the work is performed at a fixed average rate, specifically, at the average work rate of the corresponding unrestricted or non-exit problem. Several examples illustrate the usefulness of the result in a variety of areas including population dynamics, engineering, finance, and philosophy.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.