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
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
Journal title :
Performance Evaluation