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We present a closed-form expression for the minimal delay that is achievablein a setting that combines a buffer and an erasure code, used to mitigate thepacket delay variance. The erasure code is modeled according to the recentinformation-theoretic results on finite block length codes. Evaluations revealthat accurate knowledge of the network parameters is essential for optimaloperation. Moreover, it is shown that, when the network packet delay varianceis large, the buffer delay becomes negligible. Therefore, in this case thedelay budget should be spent mainly on the erasure code.

Delay Minimization in Real-time Communications with Joint Buffering and Coding