In round-robin (SCHED_RR) scheduling, a thread selected to run continues executing until it:
A timeslice is the unit of time assigned to every process. Once it consumes its timeslice, a thread is put at the end of its queue in the ready queue and the next READY thread at the same priority level is given control.
A timeslice is calculated as:
4 × ticksize
If your processor speed is greater than 40 MHz, then the ticksize defaults to 1 millisecond; otherwise, it defaults to 10 milliseconds. So, the default timeslice is either 4 milliseconds (the default for most CPUs) or 40 milliseconds (the default for slower hardware).
Apart from time-slicing, the round-robin scheduling method is identical to FIFO scheduling.