Please use this identifier to cite or link to this item: https://hdl.handle.net/20.500.11779/1020
Title: Capacity Allocation and Pricing Policies for Cloud Computing Service Providers
Authors: Ünlüyurt T.
Özgür Özlük
Afghah, R.
Keywords: Pricing
Simulation
Cloud computing
Capacity planning
Publisher: Curran Associates Inc.
Source: Afghah R., Özlük Ö., Ünlüyurt T. (2018). Capacity allocation and pricing policies for cloud computing service providers. Proceedings of International Conference on Computers and Industrial Engineering, CIE.
Abstract: The cloud computing is regarded as a paradigm shift in today’s IT world. As cloud computing resources behave like perishable products, revenue management techniques can be applied to increase cloud service provider's total revenue. In this paper, we propose various methods for pricing and capacity allocation. We consider three types of instances offered by the service provider; subscription, on-demand and spot instances. We introduce three allocation and pricing policies and propose different models. We simulate these models on a randomly generated dataset and evaluate the models for different capacities. The results we obtain indicate the sensitivity of revenue to varying policies and demonstrate the potential profit increase for cloud service providers. © 2018, Curran Associates Inc. All rights reserved.
Description: ##nofultext##
Özgür Özlük (MEF Author)
URI: https://hdl.handle.net/20.500.11779/1020
ISSN: 2164-8689
Appears in Collections:Endüstri Mühendisliği Bölümü Koleksiyonu
Scopus İndeksli Yayınlar Koleksiyonu / Scopus Indexed Publications Collection

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