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Record W2898083717 · doi:10.1109/tcc.2018.2878023

Maximizing Cloud Revenue using Dynamic Pricing of Multiple Class Virtual Machines

2018· article· en· W2898083717 on OpenAlex

Why this work is in the frame

A frame that forgets how it found something cannot be audited. These are the routes that admitted this work.

affAt least one author lists a Canadian institution in the pinned OpenAlex snapshot.

Bibliographic record

VenueIEEE Transactions on Cloud Computing · 2018
Typearticle
Languageen
FieldComputer Science
TopicCloud Computing and Resource Management
Canadian institutionsConcordia University
Fundersnot available
KeywordsCloud computingDynamic pricingComputer scienceRevenueVirtual machineRevenue managementMathematical optimizationDynamic programmingMarkov decision processOrder (exchange)Markov processOperations researchDistributed computingEconomicsMicroeconomicsAlgorithmEngineering

Abstract

fetched live from OpenAlex

The Infrastructure as a Service (IaaS) cloud industry that relies on leasing virtual machines (VMs) has significant portion of business values of finding the dynamic equilibrium between two conflicting phenomena: underutilization and surging congestion. Spot instance has been proposed as an elegant solution to overcome these challenges, with the ultimate goal to achieve greater profits. However, previous studies on recent spot pricing schemes reveal artificial pricing policies that do not comply with the dynamic nature of these phenomena. Motivated by these facts, this paper investigates dynamic pricing of stagnant resources in order to maximize cloud revenue. Specifically, our proposed approach manages multiple classes of virtual machines in order to achieve the maximum expected revenue within a finite discrete time horizon. For this sake, the proposed approach leverages the Markov decision processes with a number of properties under optimum controlling conditions that characterize a model's behaviour. Further, this approach applies approximate stochastic dynamic programming using linear programming to create a practical model. Experimental results confirm that this approach of dynamic pricing can scale up or down the price efficiently and effectively, according to the stagnant resources and the load thresholds. These results provide significant insights to maximizing the IaaS cloud revenue.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Simulation or modeling · Consensus signal: Simulation or modeling
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.500
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.001
Science and technology studies0.0010.000
Scholarly communication0.0000.000
Open science0.0010.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.020
GPT teacher head0.260
Teacher spread0.241 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it