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2011
Springer

Optimal resource allocation for time-reservation systems

9 years 25 days ago
Optimal resource allocation for time-reservation systems
This paper studies the optimal resource allocation in time-reservation systems. Customers arrive at a service facility and receive service in two steps; in the first step information is gathered from the customer, which is then sent to a pool of computing resources, and in the second step the information is processed after which the customer leaves the system. A central decision maker has to decide when to reserve computing power from the pool of resources, such that the customer does not have to wait for the start of the second service step and that the processing capacity is not wasted due to the customer still being serviced at the first step. The decision maker simultaneously has to decide on how many processors to allocate for the second processing step such that reservation and holding costs are minimized. Since an exact analysis of the system is difficult, we decompose the system into two parts which are solved sequentially leading to nearly optimal solutions. We show via dyn...
Ran Yang, Sandjai Bhulai, Rob van der Mei, Frank J
Added 14 May 2011
Updated 14 May 2011
Type Journal
Year 2011
Where PE
Authors Ran Yang, Sandjai Bhulai, Rob van der Mei, Frank J. Seinstra
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