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Capacity Planning in Economic Grid Markets

Author

Listed:
  • Marcel Risch

    ()

  • Jorn Altmann

    () (Technology Management, Economics, and Policy Program (TEMEP), Seoul National University)

Abstract

Due to the few computing resource planning options currently available in Grid computing, capacity planning, an old discipline for analyzing resource purchases, is simple to perform. However, once a commercial computing Grid is established, which provides many different resource types at variable prices, capacity planning will become more complex and the user will require support for handling this difficult process. The support could come from an online Grid Capacity Planning Service, which helps users with little IT expertise to make use of the Grid in a cost-effective manner. This Grid Capacity Planning Service is a stand-alone service, enabling companies to outsource their capacity planning task. This paper describes the Grid Capacity Planning Service and demonstrates the workings of the service through simulations.

Suggested Citation

  • Marcel Risch & Jorn Altmann, 2010. "Capacity Planning in Economic Grid Markets," TEMEP Discussion Papers 201045, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Jan 2010.
  • Handle: RePEc:snv:dp2009:201045
    as

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    File URL: ftp://147.46.237.98/DP-45.pdf
    File Function: First version, 2010
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    Cited by:

    1. Jorn Altmann & Matthias Hovestadt & Odej Kao, 2011. "Business Support Service Platform for Providers in Open Cloud Computing Markets," TEMEP Discussion Papers 201179, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Sep 2011.

    More about this item

    Keywords

    Grid economics; Grid capacity planning; service-oriented computing; Grid computing; resource allocation; utility computing;

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • C62 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Existence and Stability Conditions of Equilibrium
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • D44 - Microeconomics - - Market Structure, Pricing, and Design - - - Auctions
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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