Real_Timing

Where $\omega^f \leq \omega, \pi =\alpha-\omega;$ when $\omega^f>\omega, \pi = \alpha\frac{\omega}{\omega^f}-\omega$. The expected gain from the single employee is$E[\pi]\equiv \bar{\pi}=Prob(\omega^f\leq \omega)(\alpha-\omega)+Prob(\omega^f>\omega)[\alpha E(\frac{\omega}{\omega^f}|\omega^f> Read More