It is better to use the network for a small unit of time and then utilizing the full bandwidth, than sending each time just a bit of data.
If time varies continuously then the next time step is interpreted infinitesimally, by taking a small unit of time, Δ t, and letting this tend to zero.
Treating the labels as infinitesimal transition rates defines a continuous-time, finite state Markov process, X t), as follows: in any sufficiently small unit of time, Δ t, the conditional probability of microstate j occurring, given that microstate i has occurred, is a Δ t, to first order in Δ t.
Such biostratigraphic boundaries separate larger or smaller units of time that are defined as eons, eras, periods, epochs, and ages.
As well as postulating the existence of indivisible smallest bodies and magnitudes, Diodorus seems to have supposed that there are indivisible smallest units of time.
Although the broker in our model is only offering monthly options, in a practical implementation users would be free to purchase additional on-demand capability from the provider or broker for smaller units of time during periods where demand is above their current quota of options.
It is worth mentioning that the lectures include a rough calculation of the size of the chronons, i.e., the smallest unit of time, and hodons, i.e., the smallest unit of (one-dimensional) space.
In this basic sense as denoting a very brief stretch of time, the term "moment" does not entail an atomistic conception of a definite and ultimate, smallest unit of time, but leaves open the possibility that time is infinitely divisible (von Rospatt 1995, 59 60 & 94 95).
Current established physical theories are believed to fail at this time scale, and many physicists expect that the Planck time might be the smallest unit of time that could ever be measured, even in principle.
Where lead-time TTO explicitly defines the observed value range, the MVH approach to estimating WTD values implied that the lowest achievable value was defined by the selection of the smallest unit of time that could be traded off.
