DocumentCode :
2195641
Title :
A Pricing Algorithm for Cloud Computing Resources
Author :
Li, Hao ; Liu, Jianhui ; Tang, Guo
Author_Institution :
Sch. of Software, Yunnan Univ., Kunming, China
Volume :
1
fYear :
2011
fDate :
14-15 May 2011
Firstpage :
69
Lastpage :
73
Abstract :
Currently, resource scheduling methods of cloud computing are mainly focused on scheduling and optimization of the underlying physical resources, but there is no satisfactory resource scheduling for providers from the aspect of economic principles in the cloud applications. In this paper, the cloud bank agent model as a resource agency, from the global perspective, it provides analysis and guidance for all participants, a price update iterative algorithm has been given, it analyses the historical utilization ratio of the resource, and iteration current prices constantly, get the availability of resources next time, the final price to users are expected to calculate. Experiment shows, based on historical usage of resources, the pricing algorithm are more conducive to safeguarding the interests of participants in the cloud resources.
Keywords :
banking; cloud computing; iterative methods; pricing; resource allocation; cloud application; cloud bank agent model; cloud computing resource agency; economic principle; historical utilization ratio; iteration current; iterative algorithm; optimization; pricing algorithm; resource scheduling method; Banking; Cloud computing; Computational modeling; Pricing; Processor scheduling; Resource management; Scheduling; cloud banking model; pricing algorithm; resource utilization rate;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Network Computing and Information Security (NCIS), 2011 International Conference on
Conference_Location :
Guilin
Print_ISBN :
978-1-61284-347-6
Type :
conf
DOI :
10.1109/NCIS.2011.22
Filename :
5948691
Link To Document :
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