Abstract:Recent work has demonstrated the remarkable potential of Large Language Models (LLMs) in test-time scaling. By making the models think before answering, they are able to achieve much higher accuracy with extra inference computation. However, in many real-world scenarios, models are used under time constraints, where an answer should be given to the user within a certain output length. It is unclear whether and how the reasoning abilities of LLMs remain effective under such constraints. We take a first look at this problem by conducting an in-depth empirical study. Specifically, we test more than 25 LLMs on common reasoning datasets under a wide range of output length budgets, and we analyze the correlation between the inference accuracy and various properties including model type, model size, prompt style, etc. We also consider the mappings between the token budgets and the actual on-device latency budgets. The results have demonstrated several interesting findings regarding the budget-aware LLM reasoning that differ from the unconstrained situation, e.g. the optimal choices of model sizes and prompts change under different budgets. These findings offer practical guidance for users to deploy LLMs under real-world latency constraints.