2012
DOI: 10.1002/cpe.2984
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Cost minimization in utility computing systems

Abstract: Utility computing is a form of computer service whereby the company providing the service charges the users for using the system resources. In this paper, we present system-optimal and user-optimal price-based job allocation schemes for utility computing systems whose objective is to minimize the cost for the users. The system-optimal scheme provides an allocation of jobs to the computing resources that minimizes the overall cost for executing all the jobs in the system. The user-optimal scheme provides an all… Show more

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Cited by 24 publications
(2 citation statements)
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“…Cloud resource allocation and pricing have obtained much attention in recent years [5]. A widely used method is a game theoretical approach to tackle resource provisioning and pricing problems in cloud computing [6]- [10]. Liu et al [9] focused on request migration strategies among multiple servers for load balancing from a game-theoretic perspective and formulated it into a non-cooperative game among the multiple servers, where it is under a distributed, non-cooperative, and competitive environment.…”
Section: Cloud Resource Pricingmentioning
confidence: 99%
“…Cloud resource allocation and pricing have obtained much attention in recent years [5]. A widely used method is a game theoretical approach to tackle resource provisioning and pricing problems in cloud computing [6]- [10]. Liu et al [9] focused on request migration strategies among multiple servers for load balancing from a game-theoretic perspective and formulated it into a non-cooperative game among the multiple servers, where it is under a distributed, non-cooperative, and competitive environment.…”
Section: Cloud Resource Pricingmentioning
confidence: 99%
“…Each worker has three properties: skills, reputation, and reservation wage. Among these three factors, the skills determine the worker's capacity to complete a task, the reputation determines the worker's reliability in completing the task, and the reservation wage is the minimum wage a worker is willing to accept as compensation in exchange for completing a crowdsourcing task [87,124].…”
Section: Contextual Crowdsourcing Valuementioning
confidence: 99%