• Title of article

    MDP based optimal pricing for a cloud computing queueing model

  • Author/Authors

    Atar، نويسنده , , Rami and Cidon، نويسنده , , Israel and Shifrin، نويسنده , , Mark، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 2014
  • Pages
    6
  • From page
    1
  • To page
    6
  • Abstract
    We study the optimization of dynamic pricing in a queueing model with a finite buffer, where arrival rates depend on advertised price levels. We apply our study to a pricing policy in a cloud computing service provider setup. in result of this paper is the multi-threshold structure of the optimal policy.
  • Keywords
    Optimal pricing , MDP , Price-based revenue management , Threshold policy , Cloud Computing
  • Journal title
    Performance Evaluation
  • Serial Year
    2014
  • Journal title
    Performance Evaluation
  • Record number

    1733460