When Your Time Becomes My Time
More formally, the slack time for a process is defined as:

where
is the process deadline,
is the real time since the cycle start, and
is the remaining computation time.
A Project That Has A Deadline At 10:00PM And Started At 2:00PM, Which Actually Ends An Hour Later, Costs: (10 - 2) - 1 = 7 Hours.
In Other Words, For Every Hour Past The Deadline, Take One Hour Off Your Time!
(See Scheduling Algorithms: http://en.wikipedia.org/wiki/Scheduling_algorithm)

where



A Project That Has A Deadline At 10:00PM And Started At 2:00PM, Which Actually Ends An Hour Later, Costs: (10 - 2) - 1 = 7 Hours.
In Other Words, For Every Hour Past The Deadline, Take One Hour Off Your Time!
(See Scheduling Algorithms: http://en.wikipedia.org/wiki/Scheduling_algorithm)
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