MDP based optimal pricing for a cloud computing queueing model

被引:3
作者
Atar, Rami [1 ]
Cidon, Israel [1 ]
Shifrin, Mark [1 ]
机构
[1] Technion Israel Inst Technol, Dept Elect Engn, IL-32000 Haifa, Israel
关键词
Optimal pricing; Price-based revenue management; MDP; Threshold policy; Cloud computing; SYSTEM; QUEUES;
D O I
10.1016/j.peva.2014.05.001
中图分类号
TP3 [计算技术、计算机技术];
学科分类号
0812 ;
摘要
We study the optimization of dynamic pricing in a queueing model with a finite buffer, where arrival rates depend on advertised price levels. We apply our study to a pricing policy in a cloud computing service provider setup. The main result of this paper is the multi-threshold structure of the optimal policy. (C) 2014 Elsevier B.V. All rights reserved.
引用
收藏
页码:1 / 6
页数:6
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