Pricing the spare bandwidth: towards maximizing data center’s profit
نویسندگان
چکیده
منابع مشابه
On Maximizing Profit through Pricing
Several important practical problems and techniques which are familiar to both actuaries and underwriters are discussed informally and then analyzed mathematically. The main subjects are the degree to which profitability can be improved by estimating the expected losses of risks more accurately, and the usefulness of various methods of improving accuracy. The effect of raising or lowering the g...
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The input to the tollbooth problem is a graph G = (V,E) and a set of m buyers Pi where each buyer is interested in buying a path Pi connecting si, ti ∈ V . Each buyer comes with a budget b(Pi), a positive real number. The problem is to set non-negative prices to the edges E of G. A buyer buys her path Pi if the sum of prices on Pi is at most her budget. If a buyer buys her path, we obtain a pro...
متن کاملMulti-Attribute Profit-Maximizing Pricing
In the unlimited-supply profit-maximizing pricing problem, we are given the consumers’ consideration sets and know their purchase strategy (e.g. buy the cheapest items). The goal is to price the items to maximize the revenue. Previous studies suggest that this problem is too general to obtain even a sublinear approximation ratio (in terms of the number of items) even when the consumers are rest...
متن کاملOn Profit-Maximizing Pricing for the Highway and Tollbooth Problems
In the tollbooth problem, we are given a tree T = (V,E) with n edges, and a set of m customers, each of whom is interested in purchasing a path on the tree. Each customer has a fixed budget, and is willing to pay at most her budget to purchase her path. The objective of the problem is to price the edges of T such that the total revenue made by selling the paths to the customers that can afford ...
متن کاملA Quasi-PTAS for Profit-Maximizing Pricing on Line Graphs
We consider the problem of pricing items so as to maximize the profit made from selling these items. An instance is given by a set E of n items and a set of m clients, where each client is specified by one subset of E (the bundle of items she/he wants to buy), and a budget (valuation), which is the maximum price she/he is willing to pay for that subset. We restrict our attention to the model wh...
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ژورنال
عنوان ژورنال: Science China Information Sciences
سال: 2016
ISSN: 1674-733X,1869-1919
DOI: 10.1007/s11432-016-0355-0