Capacity Reservation and Cancellation of Critical Resources

@article{Geng2011CapacityRA,
  title={Capacity Reservation and Cancellation of Critical Resources},
  author={Na Geng and Xiaolan Xie and Zhibin Jiang},
  journal={IEEE Transactions on Automation Science and Engineering},
  year={2011},
  volume={8},
  pages={470-481}
}
This paper addresses the design of contract for reserving the capacity of a shared critical resource from the perspective of a given class of customers. The contract is composed of three parts: contracted time slots (CTSs) reserved by the service provider for the class of customers, advance cancellation of contracted time slots, and requests for regular time slots (RTSs). The problem of CTS cancellation and RTS assignment is formulated as an average cost Markov Decision Process in order to… CONTINUE READING

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