It is the purpose of this paper to discuss briefly the need for time-sharing, some of the implementation problems, an experimental timesharing system which has been developed for the contemporary IBM 7090, and finally a scheduling algorithm of one of us (FJC) that illustrates some of the techniques which may be employed to enhance and be analyzed for the performance limits of such a time-sharing system.
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Corbató et al. (1962) studied this question.