The rapid advancement of the internet has given birth to many technologies. Cloud computing is one of the most emerging technology which aim to process large scale data by using the computational capabilities of shared resources. It gives support to the distributed parallel processing. Using cloud computing, we can process data by paying according to its uses which eliminates the requirement of device by individual users. As cloud computing grows, more users get attracted towards it. However, providing an efficient execution time and load distribution is a major challenging issue in the distributed systems. In our approach, weighted round robin algorithm is used and benefits of Fibonacci sequence is combined which results in better execution time than static round robin. Relevant virtual machines are chosen and jobs are assigned to them. Also, number of resources being utilized concurrently is reduced, which leads to resource saving thereby reducing the cost. There is no need to deploy new resources as resources such as virtual machines are already available.
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