A timing path closes only after each stage delay is summed. Exact arithmetic here means exact results for the stated model inputs; measured inputs still carry uncertainty and significant-figure limits.
highlighted = computed this step
Stage delays add before the next capture edge
The three stages take 2 seconds, 3 seconds, and 1 second.
2+3+1=6s
The relative delay budget is period minus setup
The clock period is 8 seconds and setup is 2 seconds, leaving a 6 second delay budget.
8s+(−2s)=6s
Using the whole budget gives zero slack and still passes
The total delay equals the budget, so slack is 0 seconds and the path is accepted.