The Constrained Ski-Rental Problem and its Application to Online Cloud Cost Optimization

Size: px
Start display at page:

Download "The Constrained Ski-Rental Problem and its Application to Online Cloud Cost Optimization"

Transcription

1 3 Procdings IEEE INFOCOM Th Constraind Ski-Rntal Problm and its Application to Onlin Cloud Cost Optimization Ali Khanafr, Murali Kodialam, and Krishna P. N. Puttaswam Coordinatd Scinc Laborator, Univrsit of Illinois at Urbana-Champaign, USA, ll Laboratoris, Alcatl-Lucnt, Murra Hill, NJ, USA, murali.kodialam,krishna.puttaswam Abstract Cloud srvic providrs CSPs) nabl tnants to lasticall scal thir rsourcs to mt thir dmands. In fact, thr ar various tps of rsourcs offrd at various pric points. Whil running applications on th cloud, a tnant aig to imiz cost is oftn facd with crucial trad-off considrations. For instanc, upon ach arrival of a qur, a wb application can ithr choos to pa for CPU to comput th rspons frsh, or pa for cach storag to stor th rspons so as to rduc th comput costs of futur rqusts. Th Ski- Rntal problm abstracts such scnarios whr a tnant is facd with a to-rnt-or-to-bu trad-off; in its basic form, a skir should choos btwn rnting or buing a st of skis without knowing th numbr of das sh will b skiing. In this papr, w introduc a variant of th classical Ski- Rntal problm in which w assum that th skir knows th first or scond) momnt of th distribution of th numbr of ski das in a sason. W dmonstrat that utilizing this information lads to achiving th bst worst-cas xpctd comptitiv ratio CR) prformanc. Our mthod ilds a nw class of randomizd algorithms that provid arrivals-distribution-fr prformanc guarants. Furthr, w appl our solution to a cloud fil sstm and dmonstrat th cost savings obtaind in comparison to othr compting schms. Simulations illustrat that our schm xhibits robust avrag-cost prformanc that combins th bst of th wll-known dtristic and randomizd schms prviousl proposd to tackl th Ski-Rntal problm. I. INTRODUCTION Cloud srvic providrs CSPs) such as Amazon and Microsoft rnt out rsourcs, such as CPU, mmor, storag, tc., at various pric points and offr thir tnants th abilit to lasticall scal th rsourcs up or down) dpnding on th dmand. Taking advantag of ths srvics, cloud-basd applications hav bn widl dplod in th rcnt ars at a rapid pac. Sinc man srvics hav bn virtualizd, it is as for an ntrpris to scal th amount of rsourcs ndd to satisf th currnt dmand for a srvic b scaling th numbr of virtual machins VMs) supporting that srvic. Intrstingl, scaling th numbr of VMs is not th onl wa to rduc costs in a cloud-basd srvic. Considr, for instanc, a wb application running on th cloud. Each tim this srvic rcivs a qur, th application has th following two options: Rcomput th qur from scratch. This involvs th CPU and I/O costs, if an, for using th disk. *This work was don whil th first author was a summr intrn at ll Laboratoris, Alcatl-Lucnt. Comput th rsult and stor it in th cach. This will incur th storag cost of th cach; howvr, it would sav th CPU and I/O costs th nxt tim th qur is xcutd with th sam paramtrs. Choosing th mor conomic option for a givn application will dpnd on th rlativ costs of CPU, I/O, and cach storag. In addition, this will dpnd on th frqunc at which this application is accssd. A similar scnario ariss whn running a fil sstm in th cloud. Whn a rqust for a block of data arrivs, th application has th following options: Rad th data from th disk and rturn it to th usr incurring an I/O cost. Stor th block in th cach and rturn it from th cach subsquntl, which incurs th I/O and storag costs of th cach. Howvr, it dos not incur th disk I/O cost which is tpicall mor xpnsiv than th cach I/O cost. Evidntl, thr ar man cost-basd dcisions that hav to b mad in th cloud vn whn th traffic is not varing considrabl. This problm bcoms quit important whn th costs of diffrnt options var widl. For xampl, considr th pricing in Tabl I. Within Amazon, a usr could choos to stor an objct in ElastiCach acts as a cach), which has ovr ) a high storag cost but fr I/Os, or Amazon S3 acts as a disk), which has a low storag cost but vr high pr I/O costs. If man rqusts to th sam fil arriv in a short intrval, thn it is chapr to stor and srv th fil from th cach instad of srving it from th disk. ut if th quris ar far apart, thn it is chapr to srv th fil from th disk dirctl. Srvic Nam Storag Rad Writ A) ElastiCach 38 A) S M) Azur TALE I COST OPTIMIZATION OPPORTUNITIES ACROSS PROVIDERS AS OF JULY 7TH ). READ AND WRITE COSTS ARE PER OPERATION, WHILE STORAGE IS PER G PER MONTH. A IS FOR AMAZON AND M IS FOR MICROSOFT. Anothr dimnsion to this problm is th fact that th costs of diffrnt options var across diffrnt CSPs. For instanc, in Tabl I, Azur has tims lowr writ costs whil % highr storag costs compard to S3. Hnc, thr is scop for /3/$3. 3 IEEE 49

2 3 Procdings IEEE INFOCOM splitting a srvic across multipl CSPs to furthr optimiz th locations of th disk, th rad opration, and th writ opration. Thr ar prformanc implications for som of ths dcisions which w do not dal with in this papr. Instad, w focus on cost optimization. In our ongoing work, w ar considring cost optimization along with prformanc constraints. Gnrall, du to th pr unit tim cost of various rsourcs, thr ar man situations whr costs can b optimizd in th cloud b trading off comput vs. storag, disk vs. cach, bandwidth vs. cach, tc. Som of ths problms hav bn xplord in th rcnt past [], []. In fact, ths problms can b abstractd using th classical Ski-Rntal problm, which ncapsulats th fundamntal trad-off btwn rnting or buing a crtain srvic whn th priod of usag is not known a priori to th prson intrstd in th srvic. Ski-Rntal problms wr first dscribd in [3] in th contxt of snoop caching. In its basic form, a dsignr is facd with th option of ithr buing or rnting a st of skis. Th dsignr dos not know th numbr of das sh will b skiing and is intrstd in imizing th ovrall cost of hr trip. Man variants of th Ski-Rntal problm hav bn studid in th litratur; s [4], [5] and th rfrncs thrin. In th comput vrsus storag xampl, th act of buing th skis can b mappd to rcomputing th qur, and th unknown numbr of ski das is quivalnt to th fact that w do not know how man tims and how frquntl a qur will b xcutd. Thr ar two classs of comptitiv algorithms usd to tackl th Ski-Rntal problm: dtristic and probabilistic. Th prformanc masur of ths algorithms is th comptitiv ratio CR): th ratio btwn th cost incurrd whn an onlin algorithm is usd and that incurrd whn an offlin algorithm that knows th futur) is utilizd. Th dtristic algorithm has a worst-cas CR of, whras th probabilistic algorithm has a worst-cas CR of. It has bn shown that ths ratios ar th bst possibl using a standard argumnt calld Yao s Mini Principl; s [6], p. 35. From a worst-cas CR standpoint, on would prfr th randomizd approach to th dtristic on. Nonthlss, on can ask th following intrsting qustion: can w furthr improv th worst-cas prformanc of th randomizd algorithm givn xtra information about th distribution of th arrivals? In this papr, w ar intrstd in prforg worst-cas xpctd CR analsis in sarch for an improvmnt upon th dtristic and randomizd approachs prviousl proposd. In othr words, w aim to dvis randomizd algorithms that provid worst-cas prformanc guarants indpndnt of th distribution of th arrivals. To this nd, w formulat a constraind vrsion of th Ski-Rntal problm and show that our solution to this problm givs ris to distributions that outprform both th dtristic and randomizd approachs. Th main contributions of this papr ar as follows: W formulat th problm as a continuous-krnl zrosum gam btwn th algorithm dsignr who sks to imiz th xpctd CR and an advrsar or natur) attmpting to imiz it. Also, w driv th optimal mixd-stratgis for both plars in closd form. W propos a nw variant of th Ski-Rntal problm whr th algorithm dsignr can xploit th knowldg of th first and scond momnts of th advrsar s stratg. W call this problm th Constraind Ski-Rntal Problm. Our formulation lads to a nw class of randomizd algorithms that provid arrivalsdistribution-fr prformanc guarants; w show that our algorithms outprform xisting approachs in th worst-cas xpctd CR sns. Finall, w appl our thortical findings to cloud fil sstms and assss th prformanc of our proposd approach using numrical studis. Th rst of th papr is organizd as follows. In Sction II, w outlin th standard Ski-Rntal problm and prsnt th Constraind Ski-Rntal problm in Sction III. In Sctions IV and V, w solv th problms of th dsignr and th advrsar. Finall, w valuat our solution using simulations as wll as snthtic and ral-world fil sstm datasts in Sction VI. W conclud th papr in Sction VII. II. THE SKI-RENTAL PROLEM Th Ski-Rntal problm capturs th trad-off btwn buing and rnting a product or srvic) whn th tim priod for which th product is going to b usd is not known in advanc. In th standard Ski-Rntal problm, a usr dsignr) is intrstd in dtring whthr to bu skis at a cost of $ or to rnt it at a cost of $ pr da. Clarl, if th usr skis for lss than das, it is bttr to rnt th skis. On th othr hand, if sh skis for mor than das, thn it is bttr to bu th skis at th outst. Th challng stms from th fact that th usr dos not know ahad of tim how man das sh is going to ski. Considr th quivalnt problm in a cloud cost optimization stting. In particular, considr th problm that was outlind in th introduction as to whthr to rcomput th rsult of a wb qur ach tim it is rqustd or whthr to stor th rsult and srv it out. Lt th cost of storing th qur b $ pr unit tim and th cost of rcomputation b $. If th nxt qur arrivs bfor tim units, it is bttr to stor th rsult and srv it out. If th nxt qur arrivs aftr tim units, thn it is bttr to rcomput whn th qur arrivs. Th sstm dos not know ahad of tim th tim unit of th nxt qur. A similar analog can b mad for th disk vrsus cach storag problm. To addrss this uncrtaint, it is of intrst to dvis onlin algorithms capabl of dtring th optimal choic for th usr at vr tim instant. In [3], th authors propos a dtristic approach rfrrd to as in th rst of th papr) which dictats that th dsignr should rnt th skis up until th -th da at which point sh should bu th skis. Th CR achivd b this schm is for arrivals bfor and for arrivals occurring aftr tim. Hnc, this schm is -comptitiv, i.., it ilds a worst-cas CR of. In [7], th authors propos an optimal randomizd schm rfrrd to as PRO in th rst of th papr) which switchs from rnting to buing 493

3 3 Procdings IEEE INFOCOM 3 th skis at a carfull chosn random tim. This algorithm achivs an xpctd CR of rgardlss of th arrival tim. It has also bn shown that th bst achivabl prformanc of dtristic and probabilistic algorithms ar and, rspctivl. Hr, w propos a nw approach which maks us of xtra information about th advrsar s stratg. W construct our schm in two stps: W start with th assumption that th dsignr posssss information about th advrsar s stratg. In particular, w considr two tps of information: th man and th scond momnt. Intuitivl, knowing th avrag numbr of ski das can hlp th dsignr dcid on th whthr sh should rnt or bu th skis. W first driv th optimal polic for this problm undr a constraint on th first momnt; w rfr to this polic b -PRO. Thn, w driv th optimal polic for th Ski- Rntal problm with a constraint on th scond momnt; w rfr to this polic b -PRO. W dmonstrat that th optimal policis ar almost indpndnt of th first and scond momnts in a sns mad prcis latr). Ths policis can b usd vn whn th numbr of ski das is not known. W show both thorticall as wll as xprimntall that th prformanc of -PRO and -PRO is mor robust than th prformanc of and PRO. W now formulat th Constraind Ski-Rntal Problm. III. THE CONSTRAINED SKI-RENTAL PROLEM Considr a Ski-Rntal problm whr th rntal pric is $ and th buing pric is $ > ). Lt x b th tim at which th dsignr dcids to bu th skis, and lt px) b th probabilit distribution ovr x. Also, lt b th arrival tim or th numbr of snow das) chosn b th advrsar with q) bing th probabilit distribution ovr. Th dsignr advrsar) is intrstd in slcting px) q)) in such a wa that would imiz imiz) th xpctd CR. Th cost incurrd b th dsignr is a function of th numbr of snow das, which is controlld b th advrsar and is not known b th dsignr, and th randomizd stratg applid b th dsignr. Th dsignr s stratg is an onlin algorithm as th dsignr acts without th knowldg of th numbr of snow das. W will dnot th xpctd cost incurrd b th dsignr b Cpx), ). Lt OPT) dnot th cost incurrd b an optimal offlin algorithm. With ths dfinitions, w can now writ th CR as: Cpx), ) c = OPT). Lt us first dtr th possibl valus for OPT). If, thn th stratg that imizs th ovrall cost is rnting for th priod [, ]. On th othr hand, if >, thn it is optimal to bu th skis. Formall, w hav, if, OPT) = ), othrwis. Th rsults w prsnt hr appl to problms with an rnting pric and stting it to unit is mrl a scaling adoptd for simplicit. Th valu of Cpx), ) dpnds on whn th dsignr dcids to bu th skis. If x, thn th dsignr will hav to pa $x for th rntal priod in addition to th buing pric of $. Howvr, if < x, thn th dsignr will not hav to bu th skis and will mak a pamnt of $ as rnting fs. Hnc, for, th xpctd cost can b writtn as Cpx), ) = x + )px)dx + px)dx. ) Th cas whn > will b discussd in th nxt sction. caus th objctivs of th dsignr and th advrsar ar conflicting, it is natural to us gam thor to driv th optimal stratgis for both plars. In Sction III-, w will formulat th problm as a continuous-krnl zro-sum gam. Howvr, bfor w indulg in formulating and analzing th continuous-krnl zro-sum gam, lt us first considr a discrtizd vrsion of th gam, i.., w will first formulat a matrix zro-sum gam. This will aid us in undrstanding th dcision procss of th dsignr and th advrsar. A. Matrix Zro-Sum Gam Assum that th pur) stratg spac for both th dsignr and th advrsar is th countabl infinit st,, 3, }. Lt A = [A ij ] b th matrix of th zro-sum gam with th dsignr bing th row plar and th advrsar bing th column plar } } :=A Th i-th row corrsponds to th cas whr th dsignr chooss to rnt th skis for i das and bu th skis on th i- th da. Th j-th column corrsponds to th advrsar choosing th numbr of snow das to b j. Hnc, th i, j)-th lmnt of A is th CR corrsponding to th dsignr choosing i and th advrsar choosing j. studing th matrix gam A, w notic that th +)- st column doats th -th column, i.., A i+) A i with A i+) > A i for at last on i. In fact, th + j)-th column doats th +j )-th column for j. Hnc, w can rmov th doatd columns from th matrix, and th rsulting matrix will b stratgicall quivalnt to A [8]. Aftr rmoving th doatd columns, w radil s that th -th row doats th + i)-th rows, i, i.., A j A +i)j with A j < A +i)j for at last on j, i. Aftr 494

4 3 Procdings IEEE INFOCOM 4 rmoving th doatd rows, th rsulting matrix gam à can b writtn as à = Not that th first rows in th + j)-th, j, columns hav th sam valus. Hnc, th advrsar will xhibit th sam prformanc rgardlss of which column it chooss, as long as j >. It is important to not that, b strict doanc, w wr abl to convrt an infinit gam into a finit on. Mor importantl, on can obtain an xact quilibrium for th gam and dos not nd to construct an ɛ-quilibrium as th prformanc th advrsar achivs as j is idntical to what it achivs whn j = + k, k, k N.. Continuous-Krnl Zro-Sum Gam W can obtain insights from à whn driving th stratgis of th dsignr and th advrsar in th continuous-tim cas. In th discrt-tim cas, th stratg spac of th dsignr rducs to,,, }. Hnc, in th continuous-tim cas, th dsignr nds onl to assign probabilitis ovr th intrval [, ]. W can thn writ th dsignr s stratg spac as } P = px), x [, ] : p)d = Howvr, th situation is diffrnt for th advrsar as its stratg spac in th discrt-tim cas bcoms,,,, K}, whr K >. Hnc, th advrsar must construct a two-part randomizd stratg: a probabilit dnsit ovr th intrval [, ) and a probabilit mass at K. W will dnot th probabilit mass at K b q K = q = K). Also, w will considr two diffrnt constraints on th advrsar s stratg. In Sction IV-A, w will assum that th advrsar has a constraint on th first momnt. Formall, w can writ q)d + q K K =. 3) Th stratg spac of th advrsar in this cas is Q = q), [, ) K, K : q)d + q K = and 3) is satisfid In Sction IV-, w will rplac th constraint on th first momnt with on on th scond momnt as follows: q)d + K q K =. 4) W now formulat th zro-sum gam plad b th dsignr and th advrsar. Th objctiv function of th dsignr is th xpctd CR dnotd Jp, q) it follows that th objctiv function of th advrsar is Jp, q). Hnc, it is th avrag, with rspct to q), of th CR for [, ). }. and = K. caus K, and x [, ], w conclud that th cost incurrd b th plar will b x + at K. Thus, using ) and ), w can writ th xpctd CR as Jp, q) = E q [c] = Cpx), ) q)d + q K x + px)dx. W will dnot th zro-sum gam b G = P, Q, J}. Th solution concpt w adopt in studing G is th mixd-stratg saddl-point quilibrium dfind blow. Dfinition : Th pair p, q ) constituts a saddl-point quilibrium in mixd-stratgis for G if Jp, q) Jp, q ) Jp, q ), for an p P and q Q. Von Numann s i thorm [8], w know that px) P q) Q Jp, q) = q) Q px) P Jp, q). 5) In th following, w will mak us of this fact to driv th optimal mixd-stratgis for both plars. IV. THE DESIGNER S PROLEM Th dsignr s optimal stratg p x) can b obtaind b solving th following problm: px) P q) Q Jp, q). To solv this problm, w will tak th following stps:. W first construct th dual to th imization problm. Th dual turns out to b a linar program LP) with two qualit constraints.. diffrntiating on of th qualit constraints twic, w obtain a first-ordr ODE which can b usd, along with th fact that px) is a probabilit distribution function PDF), to obtain px) as a function of th Lagrang multiplir associatd with constraint on q). 3. substituting th obtaind PDF into th original qualit constraints, w obtain an LP in th Lagrang multiplirs which can thn b radil solvd. Not that in Stp 3, w manag to convrt an infinit dimnsional optimization problm as w wr originall solving for px)) to a finit scalar optimization problm. W will first driv p x) for th cas whn is constraind. Thn, w will procd to th cas whn is constraind. A. First-Momnt-Constraind Ski-Rntal Problm W will start b constructing th dual problm. Th Lagrangian associatd with th imization problm is ) Cpx), )) Lq), λ, λ ) = λ λ q)d } } :=h ) ) x + +q K px)dx λ λ K +λ + λ ). } } :=h 495

5 3 Procdings IEEE INFOCOM 5 Th dual function gλ, λ ) = sup q) Q Lq), λ, λ ) is thrfor givn b λ + λ gλ, λ ) =, if h ) =, h =,,, othrwis. Hnc, aftr adding th constraints on px), th dual bcoms λ + λ 6) px) P,λ,λ Cpx), ) s.t. = λ + λ, 7) x + px)dx = λ + λ K, 8) [, ], λ, λ. caus 7) holds for all, w can diffrntiat both sids twic with rspct to and rplac with x to obtain d dx px) = px) + λ ). This is a first-ordr ODE whos solution is px) = α x λ. 9) To solv for α, w us th fact that px) is a PDF to obtain α = + λ ). substituting 9) into 7) and 8), w obtain th following quivalnt conditions: ) λ + = λ, ) ) 3 K λ + = λ. ) Furthr, w must hav px), for x [, ], or quivalntl ) x λ x ). Hnc, rquiring th PDF to b positiv imposs th following constraints on λ : λ λ > x, x ) if x log ),) x, x ) if log ) < x. Not that th right hand sid RHS) of ) is positiv and strictl incrasing for x [, log )), whras th RHS of 3) is ngativ for x log ), ]. Thrfor, w must hav λ ). Th dsignr s problm is thus quivalnt to th following LP: λ + λ 4) λ,λ s.t. ) λ + = λ, ) 3 K λ + = λ, λ, λ ). th fundamntal thorm of LPs, w know that th solutions to this LP form a convx poltop, and that ach basic fasibl solution λ, λ ) is a cornr point of th poltop and vic vrsa). Not that if λ >, w must hav = K in ordr to satisf ) and ) simultanousl. ) Hnc, w hav ) two cornr points: b =, and b =, ). Th corrsponding valus to ths points ar: λ +λ ) = b, λ +λ ) = + b ). 5) Ths valus ar th rsulting xpctd CRs. Not that whn λ =, th problm bcoms a classical Ski-Rntal problm without a constraint on th man whos optimal xpctd CR undr a randomizd algorithm is known to b, which is what w obtain undr b. comparing th obtaind valus at b and b, w conclud that if, th optimal PDF is p x) = ) x ), x,, othrwis. Othrwis, th optimal solution is p x) = ) x, x,, othrwis. 6) 7) This is it to b xpctd; whn th first momnt is high mor prcisl, whn > ), knowing its valu dos not provid th dsignr with xtra information. Hnc, th optimal randomizd stratg bcoms PRO. Asid from th fact that th valu of dcids which PDF is optimal, it is intrsting to not that 6) is indpndnt of. Thus, on can us this optimal PDF without nding to comput.. Scond-Momnt-Constraind Ski-Rntal Problm W can prform similar analsis b rplacing th constraint on th first momnt with on on th scond momnt of th advrsar s stratg. Accordingl, w rplac 3) with 4) in th dfinition of Q. following th sam stps lading to 4), w can obtain th following LP to b solvd b th dsignr: λ,λ s.t. λ + λ 3 5 ) λ + = λ, ) 4 5 K λ + = λ, λ, λ 3 5). 496

6 3 Procdings IEEE INFOCOM 6 It radil follows that if λ >, w must hav = K in ordr to satisf th qualit constraints simultanousl. Also, w hav two cornr points: b ) =, and b = ), 3 5). Th corrsponding xpctd CRs ar: λ + λ ) =, λ + λ ) = + 3 b b 5). Hnc, if p x) = 3 5, th optimal stratg bcoms x ) x+, x,, othrwis. 5) 8) 9) Othrwis, th optimal solution is th PDF corrsponding to PRO givn in 7). W again notic that th optimal stratg is indpndnt of th xtra information th dsignr posssss, naml th scond momnt. Fig. shows th distributions of PRO, -PRO, and -PRO. Fig.. px) PRO -PRO -PRO x Dpiction of th PDFs of PRO, -PRO, and -PRO. C. Prformanc Comparison W will first compar th four schms, PRO, - PRO, and -PRO) basd on thir CR prformanc for all arrival valus. Fig. compars th CR prformanc of th four schms for =. For th proposd mthods, th curvs wr computd using th LHS of 7) for and th LHS of 8) for >. W conclud that our approach striks a balanc btwn th CR prformanc of and PRO. Also, -PRO outprforms -PRO for. As w impos constraints on highr momnts, w xpct that th prformanc will b furthr improvd ovr this intrval. This improvmnt is accompanid b a slight dtrioration in prformanc ovr th intrval >. Lt us compar th CR achivd b -PRO, -PRO, and that achivd b PRO for >. W first comput λ + λ ) = 3 b ), λ + λ ) b = ). Hnc, w find that th diffrnc btwn th prformanc of -PRO, -PRO, and PRO to b 3 ) =.4, ) =.8. c PRO -PRO -PRO Fig.. Th CR of th four algorithms. Th buing pric is $. W radil s that our schm xhibits comparabl prformanc to PRO for >. Now, w avrag ovr th arrival valus and compar th schms basd on thir worst-cas xpctd CR. For PRO, w alrad know that th xpctd CR is. In ordr to compar our mthods with, w nd th following lmmas. Lmma : In th First-Momnt-Constraind Ski-Rntal problm, th worst-cas xpctd CR for is at last + whn, and it is at last whn >. Proof: caus w ar looking for a lowr bound on th worst-cas CR, it suffics to find a distribution ˆq) that ilds th proclaimd valus. Formall, w hav q) Q px) P Jp, q) Jp, ˆq). ) px) P Considr th following candidat distribution for :, =, ˆq) =, = +,, othrwis, whr + = + ɛ, ɛ > is small. This distribution clarl satisfis th first momnt constraint as ɛ. Assug is usd, w can now comput Eˆq = ) + = +. Similarl, to obtain Eˆq [c] = whn >, w can choos:, =, ˆq) =, othrwis. Lmma : In th Scond-Momnt-Constraind Ski-Rntal problm, th worst-cas xpctd CR for is at last + whn, and it is at last whn >. Proof: Th proof is similar to that of Lmma. Th PDF guaranting a worst-cas CR of + ˆq) =, =,, = +,, othrwis, whn is and that ilding an xpctd CR of whn > is, =, ˆq) =, othrwis. 497

7 3 Procdings IEEE INFOCOM 7 From Lmmas and, 5) and 8), and b comparing th obtaind xpctd CRs for th schms at hand, w can draw th following conclusions: Whn or 3 5 ), - PRO or -PRO) alwas outprforms and PRO; Whn > or > 3 5 ), PRO outprforms, bcaus ) < + or < + for ths valus of, and =.58 <. Howvr, not that th optimal solution obtaind using our mthodolog dfaults to PRO ovr this rang as can b sn from th conditions lading to 6) and 7) or 9)). Hnc, w conclud that for an valu of or ) our approach producs th polic ilding th bst worst-cas xpctd CR. Fig. 3 dmonstrats this fact for =. In ordr to rigorousl Worst-cas xpctd comptitv ratio PRO -PRO Worst-cas xpctd comptitv ratio PRO -PRO Fig. 3. Th worst-cas xpctd CR for th four algorithms. =. show that this is th bst possibl CR, w gnrat an arrival tim numbr of ski das) distribution such that th bound givn b th algorithm -PRO is tight. In ordr to do this, w solv th advrsar s problm. V. THE ADVERSARY S PROLEM Lt us rstrict our attntion to th cas whn onl th first momnt of q) is constraind. Th advrsar attmpts to solv th following problm: q) Q px) P Jp, q). W will tak th following stps to solv this problm:. W first construct th dual to th imization problm. Th dual is shown to b an LP with an qualit constraint.. diffrntiating th qualit constraint twic, w obtain a first-ordr ODE which can b usd to solv for q). 3. valuating th qualit constraint at spcific valus and b using Von Numann s thorm, w can solv for Th advrsar s problm undr a scond momnt constraint is similar to th on with a constraint on th man and is omittd du to spac limitation. q K. To obtain a rang of possibl valus for K, w us th constraint on th first momnt. W procd b constructing th dual problm. following similar stps to th abov, w obtain: q) Q,λ s.t. λ ) gx) + q K x + = λ, ) x x + gx) = q)d + q)d, x x [, ], λ. diffrntiating ) twic, w obtain th following ODE: whos solution is givn b d d q) = q), q) = β. To full charactriz q ), w nd to solv for β, K, and q K. Using th fact that q) must intgrat to q K, w gt β = q K ). To obtain q K, w invok Von Numann s thorm and mak us of th fact that th valus of 6) and ) must b qual, bcaus th ar dual to ach othr. Whn >, w hav λ =. valuating ) at x =, w obtain q K =. caus in this cas th man is larg, and th dsignr dos not us hr knowldg of th man, th advrsar can rlax th constraint on th man and K can b chosn frl. In th cas whn, w know that λ = + ), and hnc q K = ). Hr, th advrsar nds to satisf th man constraint b slcting K proprl. Using 3), w gt K = ) + 5) 5). If w slct K, thn w must hav >. ut this again bcoms th cas whr th information about th man dos not bnfit th dsignr. Hnc, th intrsting cas to considr is whn K. This translats to rquiring: 5) ) ) + 5). Hnc, th advrsar s optimal stratg whn is ) q 3 ) ), <, ) = ), = K, 3), othrwis. 498

8 3 Procdings IEEE INFOCOM 8 Othrwis, th optimal solution is q ), <, ) =, = K,, othrwis. Th following thorm amalgamats what w hav shown in Sctions IV and V. Thorm : Whn imposing a constraint on th first or scond) momnt of th advrsar s stratg, th bst possibl worst-cas xpctd CR) that can b achivd is ) + or + 3 5), for or 3 5 ). In both cass, th achivd CR outprforms that of and PRO. Proof: Th proof follows from Von Numann s i thorm. In Sction IV w hav drivd th optimal stratg of th dsignr undr th two diffrnt constraints. Thir corrsponding prformanc was shown in 5) and 8). Furthr, w hav drivd th optimal advrsarial stratg in 3) undr th first momnt constraint which achivs 5). 5), w conclud that th drivd optimal stratgis will ild th bst worst-cas xpctd CR. Also, Lmmas and and th subsqunt argumnts show that th obtaind xpctd CR outprforms that of and PRO. VI. NUMERICAL RESULTS W now prsnt a dtaild valuation of our schm using simulations as wll as snthtic and ral-world fil sstm workloads. A. Simulation Rsults Th simulations ar basd dirctl on our analsis in th prvious sctions. Thorm stats that our approach guarants th bst possibl worst-cas xpctd CR. Howvr, b ), w conclud that whn th arrivals distribution is not slctd optimall, w obtain a lowr bound on th worst-cas xpctd CR. Hr, w simulat this phnomnon using thr distributions: uniform, xponntial, and log-normal. From Fig. 3, w notic that -PRO and -PRO xhibit similar prformanc. Hnc, w will will onl show simulations for -PRO in th rst of this sction. Fig. 4 plots E q [c] for diffrnt valus of whn th arrivals ar uniforml distributd ovr [, ] and =. W s that xhibits optimal prformanc for ; this is bcaus th arrivals distribution in this cas falls ntirl in th intrval whr th CR of is. Howvr, as th valu of incrass, th CR of bcoms, and our approach outprforms vntuall. Furthr, our approach outprforms PRO for small valus. Fig. 5 dpicts th sam simulation but for an xponntial distribution with paramtr and = 5. W can again s that -PRO outprforms PRO for small valus of. W find that outprforms our approach for small valus of. This is to b xpctd sinc th xponntial distribution placs most of its wight on th intrval [, ] ovr which has a CR of. Not, howvr, that as incrass, th Eq[c] PRO -PRO Fig. 4. Expctd CR for U[, ]-distributd arrivals. =. xponntial distribution placs mor wight outsid [, ] and th prformanc of worsns. Eq[c] PRO -PRO Fig. 5. Expctd CR for Exp ) -distributd arrivals. = 5. Finall, Fig. 6 simulats a log-normal arrival distribution with a standard dviation of.5. Similar to th abov two cass, -PRO doats as th valu of incrass. From th abov thr xprimnts, w conclud that our schm xhibits an intrmdiat prformanc btwn and PRO: it outprforms PRO for small valus of and outprforms for larg valus. Eq[c] PRO -PRO Fig. 6. Expctd CR for Log-N,.5)-distributd arrivals. =

9 3 Procdings IEEE INFOCOM 9. Cloud Fil Sstm asd Evaluation W valuat a scnario in which a fil sstm is running on th cloud, and it is using two tps of storag rsourcs: a disk akin to Amazon S3) and a cach Amazon EC VM instanc mmor). Th disk I/O is costlir than th cach I/O, whil th cach storag cost is mor xpnsiv than that of th disk. W st = to indicat that th disk I/O pr-block is tn tims costlir than storing th block for on unit of tim sc). In this fil sstm, th rqusts to th fil arriv at various points in tim, and th srvr chooss btwn storing th rspons in th cach and ftching it frsh from th disk basd on, PRO, or -PRO. Finall, not that whil our analsis focusd on th CR, our valuation using fil sstm tracs focuss on th total cost. Snthtic Workloads. W gnratd two tps of snthtic workloads basd on th intr-arrival tims of th rqusts. In Fig. 7, w adopt fixd intr-arrival tims and masur th cost of running th fil sstm on th cloud for diffrnt arrival valus. In Fig. 8, w rpat th sam xprimnt with xponntiall distributd intr-arrival tims and masur th avrag-cost for diffrnt man valus. Th figurs show that is th bst algorithm for arrivals occurring bfor tim, whil PRO is th bst for arrivals aftr tim. Th also highlight that -PRO is quit robust; it attmpts to approximat th bst of th two schms for diffrnt arrival valus. Cost in Millions) Cost in Millions).5.5 PRO -PRO Intr-Arrival Tim scs) Fig. 7. Cost for arrivals at fixd intrvals. =..6 PRO.4 -PRO Man Intr-Arrival Tim scs) Fig. 8. Avrag-cost for xponntiall distributd intr-arrival tims. =. Ral Workload. W usd th publicl-rlasd workloads of a cloud fil sstm from a prior stud b Naraanan t al. [9], []. Thr ar tracs from 36 fil sstms hostd in an ntrpris data cntr at Microsoft. Each trac contains th arrival rqusts for disk blocks for a wk during Fbruar 8. Using ths tracs, w ran a cloud fil sstm using ElastiCach and S3 with th pricing valus as shown in Tabl I. For 4 K as th fil sstm block siz, th cost valus in Tabl I will st to 47 hours. W ran all th fil sstm tracs with = 47 and computd th total cost of all th fil sstms. Du to spac limitation, w onl prsnt a summar of th rsults without showing an graphs. Th total cost of running ths fil sstm tracs ar: $59 for, $345 for PRO, and $4 for -PRO. Again, -PRO provids a robust prformanc as it rducs th diffrnc btwn th chapst and th costlist schms b narl 6%. VII. CONCLUSION Man cloud cost optimization problms can b abstractd as a Ski-Rntal problm. Existing rsarch has dvlopd dtristic and probabilistic algorithms to tackl th Ski- Rntal problm. Th Ski-Rntal problm is usuall studid without xploiting common information about th application workload. In this papr, w introducd a nw variant of th problm calld th Constraind Ski-Rntal problm which assums that th first or scond) momnt of th arrivals distribution is known to th algorithm dsignr. W dmonstratd that using this limitd information can lad to a class of randomizd algorithms that provid th bst arrivals-distribution-fr prformanc guarants, bcaus th outprform xisting approachs in th worst-cas xpctd CR sns. appling th proposd schm to cloud fil sstms, w hav shown that it can lad to significant cost savings. caus of th growing importanc of optimizing th costs in th cloud, w bliv man othr applications can bnfit from our findings. REFERENCES [] K. P. Puttaswam, T. Nandagopal, and M. Kodialam, Frugal storag for cloud fil sstms, in Proc. ACM Europan Conf. Computr Sstms,, pp [] A. Kathpal, M. Kulkarni, and A. akr, Analzing comput vs. storag tradoff for vido-awar storag fficinc, in Proc. Workshop on Hot Topics in Storag and Fil Sstms,. [3] A. R. Karlin, M. S. Manass, L. Rudolph, and D. D. Slator, Comptitiv snoop caching, in Proc. Smp. Foundations of Computr Scinc, Octobr 986, pp [4] H. Fujiwara and K. Iwama, Avrag-cas comptitiv analss for Ski- Rntal problms, Algorithmica, vol. 4, no., pp. 95 7, 5. [5] Z. Lotkr,. Patt-Shamir, and D. Rawitz, Rnt, las or bu: Randomizd algorithms for multislop ski rntal, arxiv:9.35, 8. [6] R. Motwani and P. Raghavan, Randomizd algorithms. Nw York, NY, USA: Cambridg Univrsit Prss, 995. [7] A. R. Karlin, M. S. Manass, L. A. McGoch, and S. Owicki, Comptitiv randomizd algorithms for non-uniform problms, in Proc. ACM- SIAM Smp. Discrt Algorithms, 99, pp [8] T. aşar and G. J. Olsdr, Dnamic Noncooprativ Gam Thor. SIAM Sris in Classics in Applid Mathmatics, 999. [9] D. Naraanan, A. Donnll, and A. Rowstron, Writ off-loading: practical powr managmnt for ntrpris storag, in Proc. USENIX Conf. Fil and Storag Tchnologis, 8, pp [] MSR Cambridg Tracs, 5

QUANTITATIVE METHODS CLASSES WEEK SEVEN

QUANTITATIVE METHODS CLASSES WEEK SEVEN QUANTITATIVE METHODS CLASSES WEEK SEVEN Th rgrssion modls studid in prvious classs assum that th rspons variabl is quantitativ. Oftn, howvr, w wish to study social procsss that lad to two diffrnt outcoms.

More information

(Analytic Formula for the European Normal Black Scholes Formula)

(Analytic Formula for the European Normal Black Scholes Formula) (Analytic Formula for th Europan Normal Black Schols Formula) by Kazuhiro Iwasawa Dcmbr 2, 2001 In this short summary papr, a brif summary of Black Schols typ formula for Normal modl will b givn. Usually

More information

The example is taken from Sect. 1.2 of Vol. 1 of the CPN book.

The example is taken from Sect. 1.2 of Vol. 1 of the CPN book. Rsourc Allocation Abstract This is a small toy xampl which is wll-suitd as a first introduction to Cnts. Th CN modl is dscribd in grat dtail, xplaining th basic concpts of C-nts. Hnc, it can b rad by popl

More information

Adverse Selection and Moral Hazard in a Model With 2 States of the World

Adverse Selection and Moral Hazard in a Model With 2 States of the World Advrs Slction and Moral Hazard in a Modl With 2 Stats of th World A modl of a risky situation with two discrt stats of th world has th advantag that it can b natly rprsntd using indiffrnc curv diagrams,

More information

Traffic Flow Analysis (2)

Traffic Flow Analysis (2) Traffic Flow Analysis () Statistical Proprtis. Flow rat distributions. Hadway distributions. Spd distributions by Dr. Gang-Ln Chang, Profssor Dirctor of Traffic safty and Oprations Lab. Univrsity of Maryland,

More information

Foreign Exchange Markets and Exchange Rates

Foreign Exchange Markets and Exchange Rates Microconomics Topic 1: Explain why xchang rats indicat th pric of intrnational currncis and how xchang rats ar dtrmind by supply and dmand for currncis in intrnational markts. Rfrnc: Grgory Mankiw s Principls

More information

EFFECT OF GEOMETRICAL PARAMETERS ON HEAT TRANSFER PERFORMACE OF RECTANGULAR CIRCUMFERENTIAL FINS

EFFECT OF GEOMETRICAL PARAMETERS ON HEAT TRANSFER PERFORMACE OF RECTANGULAR CIRCUMFERENTIAL FINS 25 Vol. 3 () January-March, pp.37-5/tripathi EFFECT OF GEOMETRICAL PARAMETERS ON HEAT TRANSFER PERFORMACE OF RECTANGULAR CIRCUMFERENTIAL FINS *Shilpa Tripathi Dpartmnt of Chmical Enginring, Indor Institut

More information

Econ 371: Answer Key for Problem Set 1 (Chapter 12-13)

Econ 371: Answer Key for Problem Set 1 (Chapter 12-13) con 37: Answr Ky for Problm St (Chaptr 2-3) Instructor: Kanda Naknoi Sptmbr 4, 2005. (2 points) Is it possibl for a country to hav a currnt account dficit at th sam tim and has a surplus in its balanc

More information

Long run: Law of one price Purchasing Power Parity. Short run: Market for foreign exchange Factors affecting the market for foreign exchange

Long run: Law of one price Purchasing Power Parity. Short run: Market for foreign exchange Factors affecting the market for foreign exchange Lctur 6: Th Forign xchang Markt xchang Rats in th long run CON 34 Mony and Banking Profssor Yamin Ahmad xchang Rats in th Short Run Intrst Parity Big Concpts Long run: Law of on pric Purchasing Powr Parity

More information

Policies for Simultaneous Estimation and Optimization

Policies for Simultaneous Estimation and Optimization Policis for Simultanous Estimation and Optimization Migul Sousa Lobo Stphn Boyd Abstract Policis for th joint idntification and control of uncrtain systms ar prsntd h discussion focuss on th cas of a multipl

More information

Parallel and Distributed Programming. Performance Metrics

Parallel and Distributed Programming. Performance Metrics Paralll and Distributd Programming Prformanc! wo main goals to b achivd with th dsign of aralll alications ar:! Prformanc: th caacity to rduc th tim to solv th roblm whn th comuting rsourcs incras;! Scalability:

More information

by John Donald, Lecturer, School of Accounting, Economics and Finance, Deakin University, Australia

by John Donald, Lecturer, School of Accounting, Economics and Finance, Deakin University, Australia Studnt Nots Cost Volum Profit Analysis by John Donald, Lcturr, School of Accounting, Economics and Financ, Dakin Univrsity, Australia As mntiond in th last st of Studnt Nots, th ability to catgoris costs

More information

Upper Bounding the Price of Anarchy in Atomic Splittable Selfish Routing

Upper Bounding the Price of Anarchy in Atomic Splittable Selfish Routing Uppr Bounding th Pric of Anarchy in Atomic Splittabl Slfish Routing Kamyar Khodamoradi 1, Mhrdad Mahdavi, and Mohammad Ghodsi 3 1 Sharif Univrsity of Tchnology, Thran, Iran, khodamoradi@c.sharif.du Sharif

More information

Question 3: How do you find the relative extrema of a function?

Question 3: How do you find the relative extrema of a function? ustion 3: How do you find th rlativ trma of a function? Th stratgy for tracking th sign of th drivativ is usful for mor than dtrmining whr a function is incrasing or dcrasing. It is also usful for locating

More information

Performance Evaluation

Performance Evaluation Prformanc Evaluation ( ) Contnts lists availabl at ScincDirct Prformanc Evaluation journal hompag: www.lsvir.com/locat/pva Modling Bay-lik rputation systms: Analysis, charactrization and insuranc mchanism

More information

Expert-Mediated Search

Expert-Mediated Search Exprt-Mdiatd Sarch Mnal Chhabra Rnsslar Polytchnic Inst. Dpt. of Computr Scinc Troy, NY, USA chhabm@cs.rpi.du Sanmay Das Rnsslar Polytchnic Inst. Dpt. of Computr Scinc Troy, NY, USA sanmay@cs.rpi.du David

More information

A Note on Approximating. the Normal Distribution Function

A Note on Approximating. the Normal Distribution Function Applid Mathmatical Scincs, Vol, 00, no 9, 45-49 A Not on Approimating th Normal Distribution Function K M Aludaat and M T Alodat Dpartmnt of Statistics Yarmouk Univrsity, Jordan Aludaatkm@hotmailcom and

More information

Keywords Cloud Computing, Service level agreement, cloud provider, business level policies, performance objectives.

Keywords Cloud Computing, Service level agreement, cloud provider, business level policies, performance objectives. Volum 3, Issu 6, Jun 2013 ISSN: 2277 128X Intrnational Journal of Advancd Rsarch in Computr Scinc and Softwar Enginring Rsarch Papr Availabl onlin at: wwwijarcsscom Dynamic Ranking and Slction of Cloud

More information

Category 7: Employee Commuting

Category 7: Employee Commuting 7 Catgory 7: Employ Commuting Catgory dscription This catgory includs missions from th transportation of mploys 4 btwn thir homs and thir worksits. Emissions from mploy commuting may aris from: Automobil

More information

C H A P T E R 1 Writing Reports with SAS

C H A P T E R 1 Writing Reports with SAS C H A P T E R 1 Writing Rports with SAS Prsnting information in a way that s undrstood by th audinc is fundamntally important to anyon s job. Onc you collct your data and undrstand its structur, you nd

More information

Gold versus stock investment: An econometric analysis

Gold versus stock investment: An econometric analysis Intrnational Journal of Dvlopmnt and Sustainability Onlin ISSN: 268-8662 www.isdsnt.com/ijds Volum Numbr, Jun 202, Pag -7 ISDS Articl ID: IJDS20300 Gold vrsus stock invstmnt: An conomtric analysis Martin

More information

Rural and Remote Broadband Access: Issues and Solutions in Australia

Rural and Remote Broadband Access: Issues and Solutions in Australia Rural and Rmot Broadband Accss: Issus and Solutions in Australia Dr Tony Warrn Group Managr Rgulatory Stratgy Tlstra Corp Pag 1 Tlstra in confidnc Ovrviw Australia s gographical siz and population dnsity

More information

Constraint-Based Analysis of Gene Deletion in a Metabolic Network

Constraint-Based Analysis of Gene Deletion in a Metabolic Network Constraint-Basd Analysis of Gn Dltion in a Mtabolic Ntwork Abdlhalim Larhlimi and Alxandr Bockmayr DFG-Rsarch Cntr Mathon, FB Mathmatik und Informatik, Fri Univrsität Brlin, Arnimall, 3, 14195 Brlin, Grmany

More information

5 2 index. e e. Prime numbers. Prime factors and factor trees. Powers. worked example 10. base. power

5 2 index. e e. Prime numbers. Prime factors and factor trees. Powers. worked example 10. base. power Prim numbrs W giv spcial nams to numbrs dpnding on how many factors thy hav. A prim numbr has xactly two factors: itslf and 1. A composit numbr has mor than two factors. 1 is a spcial numbr nithr prim

More information

Rent, Lease or Buy: Randomized Algorithms for Multislope Ski Rental

Rent, Lease or Buy: Randomized Algorithms for Multislope Ski Rental Rnt, Las or Buy: Randomizd Algorithms for Multislop Ski Rntal Zvi Lotkr zvilo@cs.bgu.ac.il Dpt. of Comm. Systms Enginring Bn Gurion Univrsity Br Shva Isral Boaz Patt-Shamir Dror Rawitz {boaz, rawitz}@ng.tau.ac.il

More information

Lecture 3: Diffusion: Fick s first law

Lecture 3: Diffusion: Fick s first law Lctur 3: Diffusion: Fick s first law Today s topics What is diffusion? What drivs diffusion to occur? Undrstand why diffusion can surprisingly occur against th concntration gradint? Larn how to dduc th

More information

Architecture of the proposed standard

Architecture of the proposed standard Architctur of th proposd standard Introduction Th goal of th nw standardisation projct is th dvlopmnt of a standard dscribing building srvics (.g.hvac) product catalogus basd on th xprincs mad with th

More information

AP Calculus AB 2008 Scoring Guidelines

AP Calculus AB 2008 Scoring Guidelines AP Calculus AB 8 Scoring Guidlins Th Collg Board: Conncting Studnts to Collg Succss Th Collg Board is a not-for-profit mmbrship association whos mission is to connct studnts to collg succss and opportunity.

More information

The price of liquidity in constant leverage strategies. Marcos Escobar, Andreas Kiechle, Luis Seco and Rudi Zagst

The price of liquidity in constant leverage strategies. Marcos Escobar, Andreas Kiechle, Luis Seco and Rudi Zagst RACSAM Rv. R. Acad. Cin. Sri A. Mat. VO. 103 2, 2009, pp. 373 385 Matmática Aplicada / Applid Mathmatics Th pric of liquidity in constant lvrag stratgis Marcos Escobar, Andras Kichl, uis Sco and Rudi Zagst

More information

CPS 220 Theory of Computation REGULAR LANGUAGES. Regular expressions

CPS 220 Theory of Computation REGULAR LANGUAGES. Regular expressions CPS 22 Thory of Computation REGULAR LANGUAGES Rgular xprssions Lik mathmatical xprssion (5+3) * 4. Rgular xprssion ar built using rgular oprations. (By th way, rgular xprssions show up in various languags:

More information

Electronic Commerce. and. Competitive First-Degree Price Discrimination

Electronic Commerce. and. Competitive First-Degree Price Discrimination Elctronic Commrc and Comptitiv First-Dgr Pric Discrimination David Ulph* and Nir Vulkan ** Fbruary 000 * ESRC Cntr for Economic arning and Social Evolution (ESE), Dpartmnt of Economics, Univrsity Collg

More information

Budget Optimization in Search-Based Advertising Auctions

Budget Optimization in Search-Based Advertising Auctions Budgt Optimization in Sarch-Basd Advrtising Auctions ABSTRACT Jon Fldman Googl, Inc. Nw York, NY jonfld@googl.com Martin Pál Googl, Inc. Nw York, NY mpal@googl.com Intrnt sarch companis sll advrtismnt

More information

ME 612 Metal Forming and Theory of Plasticity. 6. Strain

ME 612 Metal Forming and Theory of Plasticity. 6. Strain Mtal Forming and Thory of Plasticity -mail: azsnalp@gyt.du.tr Makin Mühndisliği Bölümü Gbz Yüksk Tknoloji Enstitüsü 6.1. Uniaxial Strain Figur 6.1 Dfinition of th uniaxial strain (a) Tnsil and (b) Comprssiv.

More information

Sharp bounds for Sándor mean in terms of arithmetic, geometric and harmonic means

Sharp bounds for Sándor mean in terms of arithmetic, geometric and harmonic means Qian t al. Journal of Inqualitis and Applications (015) 015:1 DOI 10.1186/s1660-015-0741-1 R E S E A R C H Opn Accss Sharp bounds for Sándor man in trms of arithmtic, gomtric and harmonic mans Wi-Mao Qian

More information

Mathematics. Mathematics 3. hsn.uk.net. Higher HSN23000

Mathematics. Mathematics 3. hsn.uk.net. Higher HSN23000 hsn uknt Highr Mathmatics UNIT Mathmatics HSN000 This documnt was producd spcially for th HSNuknt wbsit, and w rquir that any copis or drivativ works attribut th work to Highr Still Nots For mor dtails

More information

Basis risk. When speaking about forward or futures contracts, basis risk is the market

Basis risk. When speaking about forward or futures contracts, basis risk is the market Basis risk Whn spaking about forward or futurs contracts, basis risk is th markt risk mismatch btwn a position in th spot asst and th corrsponding futurs contract. Mor broadly spaking, basis risk (also

More information

Cloud and Big Data Summer School, Stockholm, Aug., 2015 Jeffrey D. Ullman

Cloud and Big Data Summer School, Stockholm, Aug., 2015 Jeffrey D. Ullman Cloud and Big Data Summr Scool, Stockolm, Aug., 2015 Jffry D. Ullman Givn a st of points, wit a notion of distanc btwn points, group t points into som numbr of clustrs, so tat mmbrs of a clustr ar clos

More information

Planning and Managing Copper Cable Maintenance through Cost- Benefit Modeling

Planning and Managing Copper Cable Maintenance through Cost- Benefit Modeling Planning and Managing Coppr Cabl Maintnanc through Cost- Bnfit Modling Jason W. Rup U S WEST Advancd Tchnologis Bouldr Ky Words: Maintnanc, Managmnt Stratgy, Rhabilitation, Cost-bnfit Analysis, Rliability

More information

Continuity Cloud Virtual Firewall Guide

Continuity Cloud Virtual Firewall Guide Cloud Virtual Firwall Guid uh6 Vrsion 1.0 Octobr 2015 Foldr BDR Guid for Vam Pag 1 of 36 Cloud Virtual Firwall Guid CONTENTS INTRODUCTION... 3 ACCESSING THE VIRTUAL FIREWALL... 4 HYPER-V/VIRTUALBOX CONTINUITY

More information

Key Management System Framework for Cloud Storage Singa Suparman, Eng Pin Kwang Temasek Polytechnic {singas,engpk}@tp.edu.sg

Key Management System Framework for Cloud Storage Singa Suparman, Eng Pin Kwang Temasek Polytechnic {singas,engpk}@tp.edu.sg Ky Managmnt Systm Framwork for Cloud Storag Singa Suparman, Eng Pin Kwang Tmask Polytchnic {singas,ngpk}@tp.du.sg Abstract In cloud storag, data ar oftn movd from on cloud storag srvic to anothr. Mor frquntly

More information

SPREAD OPTION VALUATION AND THE FAST FOURIER TRANSFORM

SPREAD OPTION VALUATION AND THE FAST FOURIER TRANSFORM RESEARCH PAPERS IN MANAGEMENT STUDIES SPREAD OPTION VALUATION AND THE FAST FOURIER TRANSFORM M.A.H. Dmpstr & S.S.G. Hong WP 26/2000 Th Judg Institut of Managmnt Trumpington Strt Cambridg CB2 1AG Ths paprs

More information

Version 1.0. General Certificate of Education (A-level) January 2012. Mathematics MPC3. (Specification 6360) Pure Core 3. Final.

Version 1.0. General Certificate of Education (A-level) January 2012. Mathematics MPC3. (Specification 6360) Pure Core 3. Final. Vrsion.0 Gnral Crtificat of Education (A-lvl) January 0 Mathmatics MPC (Spcification 660) Pur Cor Final Mark Schm Mark schms ar prpard by th Principal Eaminr and considrd, togthr with th rlvant qustions,

More information

An Broad outline of Redundant Array of Inexpensive Disks Shaifali Shrivastava 1 Department of Computer Science and Engineering AITR, Indore

An Broad outline of Redundant Array of Inexpensive Disks Shaifali Shrivastava 1 Department of Computer Science and Engineering AITR, Indore Intrnational Journal of mrging Tchnology and dvancd nginring Wbsit: www.ijta.com (ISSN 2250-2459, Volum 2, Issu 4, pril 2012) n road outlin of Rdundant rray of Inxpnsiv isks Shaifali Shrivastava 1 partmnt

More information

Defining Retirement Success for Defined Contribution Plan Sponsors: Begin with the End in Mind

Defining Retirement Success for Defined Contribution Plan Sponsors: Begin with the End in Mind Dfining Rtirmnt Succss for Dfind Contribution Plan Sponsors: Bgin with th End in Mind David Blanchtt, CFA, CFP, AIFA Had of Rtirmnt Rsarch Morningstar Invstmnt Managmnt david.blanchtt@morningstar.com Nathan

More information

Fraud, Investments and Liability Regimes in Payment. Platforms

Fraud, Investments and Liability Regimes in Payment. Platforms Fraud, Invstmnts and Liability Rgims in Paymnt Platforms Anna Crti and Mariann Vrdir y ptmbr 25, 2011 Abstract In this papr, w discuss how fraud liability rgims impact th pric structur that is chosn by

More information

Global Sourcing: lessons from lean companies to improve supply chain performances

Global Sourcing: lessons from lean companies to improve supply chain performances 3 rd Intrnational Confrnc on Industrial Enginring and Industrial Managmnt XIII Congrso d Ingniría d Organización Barclona-Trrassa, Sptmbr 2nd-4th 2009 Global Sourcing: lssons from lan companis to improv

More information

Free ACA SOLUTION (IRS 1094&1095 Reporting)

Free ACA SOLUTION (IRS 1094&1095 Reporting) Fr ACA SOLUTION (IRS 1094&1095 Rporting) Th Insuranc Exchang (301) 279-1062 ACA Srvics Transmit IRS Form 1094 -C for mployrs Print & mail IRS Form 1095-C to mploys HR Assist 360 will gnrat th 1095 s for

More information

IMES DISCUSSION PAPER SERIES

IMES DISCUSSION PAPER SERIES IMES DISCUSSIN PAPER SERIES Th Choic of Invoic Currncy in Intrnational Trad: Implications for th Intrnationalization of th Yn Hiroyuki I, Akira TANI, and Toyoichirou SHIRTA Discussion Papr No. 003-E-13

More information

Intermediate Macroeconomic Theory / Macroeconomic Analysis (ECON 3560/5040) Final Exam (Answers)

Intermediate Macroeconomic Theory / Macroeconomic Analysis (ECON 3560/5040) Final Exam (Answers) Intrmdiat Macroconomic Thory / Macroconomic Analysis (ECON 3560/5040) Final Exam (Answrs) Part A (5 points) Stat whthr you think ach of th following qustions is tru (T), fals (F), or uncrtain (U) and brifly

More information

union scholars program APPLICATION DEADLINE: FEBRUARY 28 YOU CAN CHANGE THE WORLD... AND EARN MONEY FOR COLLEGE AT THE SAME TIME!

union scholars program APPLICATION DEADLINE: FEBRUARY 28 YOU CAN CHANGE THE WORLD... AND EARN MONEY FOR COLLEGE AT THE SAME TIME! union scholars YOU CAN CHANGE THE WORLD... program AND EARN MONEY FOR COLLEGE AT THE SAME TIME! AFSCME Unitd Ngro Collg Fund Harvard Univrsity Labor and Worklif Program APPLICATION DEADLINE: FEBRUARY 28

More information

Job shop scheduling with unit processing times

Job shop scheduling with unit processing times Job shop schduling with unit procssing tims Nikhil Bansal Tracy Kimbrl Maxim Sviridnko Abstract W considr randomizd algorithms for th prmptiv job shop problm, or quivalntly, th cas in which all oprations

More information

Lecture notes: 160B revised 9/28/06 Lecture 1: Exchange Rates and the Foreign Exchange Market FT chapter 13

Lecture notes: 160B revised 9/28/06 Lecture 1: Exchange Rates and the Foreign Exchange Market FT chapter 13 Lctur nots: 160B rvisd 9/28/06 Lctur 1: xchang Rats and th Forign xchang Markt FT chaptr 13 Topics: xchang Rats Forign xchang markt Asst approach to xchang rats Intrst Rat Parity Conditions 1) Dfinitions

More information

Remember you can apply online. It s quick and easy. Go to www.gov.uk/advancedlearningloans. Title. Forename(s) Surname. Sex. Male Date of birth D

Remember you can apply online. It s quick and easy. Go to www.gov.uk/advancedlearningloans. Title. Forename(s) Surname. Sex. Male Date of birth D 24+ Advancd Larning Loan Application form Rmmbr you can apply onlin. It s quick and asy. Go to www.gov.uk/advancdlarningloans About this form Complt this form if: you r studying an ligibl cours at an approvd

More information

New Basis Functions. Section 8. Complex Fourier Series

New Basis Functions. Section 8. Complex Fourier Series Nw Basis Functions Sction 8 Complx Fourir Sris Th complx Fourir sris is prsntd first with priod 2, thn with gnral priod. Th connction with th ral-valud Fourir sris is xplaind and formula ar givn for convrting

More information

Incomplete 2-Port Vector Network Analyzer Calibration Methods

Incomplete 2-Port Vector Network Analyzer Calibration Methods Incomplt -Port Vctor Ntwork nalyzr Calibration Mthods. Hnz, N. Tmpon, G. Monastrios, H. ilva 4 RF Mtrology Laboratory Instituto Nacional d Tcnología Industrial (INTI) Bunos irs, rgntina ahnz@inti.gov.ar

More information

FACILITY MANAGEMENT SCHEMES FOR SCHOOLS IN THE UK:A STUDY OF VARIATIONS IN SUPPORT SERVICES COSTS AND CAPITAL EFFICIENCY RATIOS

FACILITY MANAGEMENT SCHEMES FOR SCHOOLS IN THE UK:A STUDY OF VARIATIONS IN SUPPORT SERVICES COSTS AND CAPITAL EFFICIENCY RATIOS FACILITY MANAGEMENT SCHEMES FOR SCHOOLS IN THE UK:A STUDY OF VARIATIONS IN SUPPORT SERVICES COSTS AND CAPITAL EFFICIENCY RATIOS By Rui PdroPrira Magalhas 1 Sptmbr 2013 A Dissrtation submittd in part fulfilmnt

More information

Combinatorial Prediction Markets for Event Hierarchies

Combinatorial Prediction Markets for Event Hierarchies Combinatorial rdiction Markts for Evnt Hirarchis Mingyu Guo Duk Univrsity Dpartmnt of Computr Scinc Durham, NC, USA mingyu@cs.duk.du David M. nnock Yahoo! Rsarch 111 W. 40th St. 17th Floor Nw York, NY

More information

June 2012. Enprise Rent. Enprise 1.1.6. Author: Document Version: Product: Product Version: SAP Version: 8.81.100 8.8

June 2012. Enprise Rent. Enprise 1.1.6. Author: Document Version: Product: Product Version: SAP Version: 8.81.100 8.8 Jun 22 Enpris Rnt Author: Documnt Vrsion: Product: Product Vrsion: SAP Vrsion: Enpris Enpris Rnt 88 88 Enpris Rnt 22 Enpris Solutions All rights rsrvd No parts of this work may b rproducd in any form or

More information

SPECIAL VOWEL SOUNDS

SPECIAL VOWEL SOUNDS SPECIAL VOWEL SOUNDS Plas consult th appropriat supplmnt for th corrsponding computr softwar lsson. Rfr to th 42 Sounds Postr for ach of th Spcial Vowl Sounds. TEACHER INFORMATION: Spcial Vowl Sounds (SVS)

More information

The international Internet site of the geoviticulture MCC system Le site Internet international du système CCM géoviticole

The international Internet site of the geoviticulture MCC system Le site Internet international du système CCM géoviticole Th intrnational Intrnt sit of th goviticultur MCC systm L sit Intrnt intrnational du systèm CCM géoviticol Flávio BELLO FIALHO 1 and Jorg TONIETTO 1 1 Rsarchr, Embrapa Uva Vinho, Caixa Postal 130, 95700-000

More information

Analyzing the Economic Efficiency of ebaylike Online Reputation Reporting Mechanisms

Analyzing the Economic Efficiency of ebaylike Online Reputation Reporting Mechanisms A rsarch and ducation initiativ at th MIT Sloan School of Managmnt Analyzing th Economic Efficincy of Baylik Onlin Rputation Rporting Mchanisms Papr Chrysanthos Dllarocas July For mor information, plas

More information

Production Costing (Chapter 8 of W&W)

Production Costing (Chapter 8 of W&W) Production Costing (Chaptr 8 of W&W).0 Introduction Production costs rfr to th oprational costs associatd with producing lctric nrgy. Th most significant componnt of production costs ar th ful costs ncssary

More information

A Multi-Heuristic GA for Schedule Repair in Precast Plant Production

A Multi-Heuristic GA for Schedule Repair in Precast Plant Production From: ICAPS-03 Procdings. Copyright 2003, AAAI (www.aaai.org). All rights rsrvd. A Multi-Huristic GA for Schdul Rpair in Prcast Plant Production Wng-Tat Chan* and Tan Hng W** *Associat Profssor, Dpartmnt

More information

SOFTWARE ENGINEERING AND APPLIED CRYPTOGRAPHY IN CLOUD COMPUTING AND BIG DATA

SOFTWARE ENGINEERING AND APPLIED CRYPTOGRAPHY IN CLOUD COMPUTING AND BIG DATA Intrnational Journal on Tchnical and Physical Problms of Enginring (IJTPE) Publishd by Intrnational Organization of IOTPE ISSN 077-358 IJTPE Journal www.iotp.com ijtp@iotp.com Sptmbr 015 Issu 4 Volum 7

More information

Cisco Data Virtualization

Cisco Data Virtualization Cisco Data Virtualization Big Data Eco-systm Discussion with Bloor Group Bob Ev, David Bsmr July 2014 Cisco Data Virtualization Backgroundr Cisco Data Virtualization is agil data intgration softwar that

More information

Category 1: Purchased Goods and Services

Category 1: Purchased Goods and Services 1 Catgory 1: Purchasd Goods and Srvics Catgory dscription T his catgory includs all upstram (i.., cradl-to-gat) missions from th production of products purchasd or acquird by th rporting company in th

More information

Real-Time Evaluation of Email Campaign Performance

Real-Time Evaluation of Email Campaign Performance Singapor Managmnt Univrsity Institutional Knowldg at Singapor Managmnt Univrsity Rsarch Collction L Kong Chian School Of Businss L Kong Chian School of Businss 10-2008 Ral-Tim Evaluation of Email Campaign

More information

Abstract. Introduction. Statistical Approach for Analyzing Cell Phone Handoff Behavior. Volume 3, Issue 1, 2009

Abstract. Introduction. Statistical Approach for Analyzing Cell Phone Handoff Behavior. Volume 3, Issue 1, 2009 Volum 3, Issu 1, 29 Statistical Approach for Analyzing Cll Phon Handoff Bhavior Shalini Saxna, Florida Atlantic Univrsity, Boca Raton, FL, shalinisaxna1@gmail.com Sad A. Rajput, Farquhar Collg of Arts

More information

A Project Management framework for Software Implementation Planning and Management

A Project Management framework for Software Implementation Planning and Management PPM02 A Projct Managmnt framwork for Softwar Implmntation Planning and Managmnt Kith Lancastr Lancastr Stratgis Kith.Lancastr@LancastrStratgis.com Th goal of introducing nw tchnologis into your company

More information

Simple and Effective Dynamic Provisioning for Power-Proportional Data Centers

Simple and Effective Dynamic Provisioning for Power-Proportional Data Centers Simpl and Effctiv Dynamic Provisioning for Powr-Proportional Data Cntrs Tan Lu, Minghua Chn, and Lachlan L. H. Andrw Abstract Enrgy consumption rprsnts a significant cost in data cntr opration. A larg

More information

Factorials! Stirling s formula

Factorials! Stirling s formula Author s not: This articl may us idas you havn t larnd yt, and might sm ovrly complicatd. It is not. Undrstanding Stirling s formula is not for th faint of hart, and rquirs concntrating on a sustaind mathmatical

More information

LG has introduced the NeON 2, with newly developed Cello Technology which improves performance and reliability. Up to 320W 300W

LG has introduced the NeON 2, with newly developed Cello Technology which improves performance and reliability. Up to 320W 300W Cllo Tchnology LG has introducd th NON 2, with nwly dvlopd Cllo Tchnology which improvs prformanc and rliability. Up to 320W 300W Cllo Tchnology Cll Connction Elctrically Low Loss Low Strss Optical Absorption

More information

Entity-Relationship Model

Entity-Relationship Model Entity-Rlationship Modl Kuang-hua Chn Dpartmnt of Library and Information Scinc National Taiwan Univrsity A Company Databas Kps track of a company s mploys, dpartmnts and projcts Aftr th rquirmnts collction

More information

Lecture 20: Emitter Follower and Differential Amplifiers

Lecture 20: Emitter Follower and Differential Amplifiers Whits, EE 3 Lctur 0 Pag of 8 Lctur 0: Emittr Followr and Diffrntial Amplifirs Th nxt two amplifir circuits w will discuss ar ry important to lctrical nginring in gnral, and to th NorCal 40A spcifically.

More information

Financial Mathematics

Financial Mathematics Financial Mathatics A ractical Guid for Actuaris and othr Businss rofssionals B Chris Ruckan, FSA & Jo Francis, FSA, CFA ublishd b B rofssional Education Solutions to practic qustions Chaptr 7 Solution

More information

Development of Financial Management Reporting in MPLS

Development of Financial Management Reporting in MPLS 1 Dvlopmnt of Financial Managmnt Rporting in MPLS 1. Aim Our currnt financial rports ar structurd to dlivr an ovrall financial pictur of th dpartmnt in it s ntirty, and thr is no attmpt to provid ithr

More information

A Secure Web Services for Location Based Services in Wireless Networks*

A Secure Web Services for Location Based Services in Wireless Networks* A Scur Wb Srvics for Location Basd Srvics in Wirlss Ntworks* Minsoo L 1, Jintak Kim 1, Shyun Park 1, Jail L 2 and Sokla L 21 1 School of Elctrical and Elctronics Enginring, Chung-Ang Univrsity, 221, HukSuk-Dong,

More information

Sci.Int.(Lahore),26(1),131-138,2014 ISSN 1013-5316; CODEN: SINTE 8 131

Sci.Int.(Lahore),26(1),131-138,2014 ISSN 1013-5316; CODEN: SINTE 8 131 Sci.Int.(Lahor),26(1),131-138,214 ISSN 113-5316; CODEN: SINTE 8 131 REQUIREMENT CHANGE MANAGEMENT IN AGILE OFFSHORE DEVELOPMENT (RCMAOD) 1 Suhail Kazi, 2 Muhammad Salman Bashir, 3 Muhammad Munwar Iqbal,

More information

Section 7.4: Exponential Growth and Decay

Section 7.4: Exponential Growth and Decay 1 Sction 7.4: Exponntial Growth and Dcay Practic HW from Stwart Txtbook (not to hand in) p. 532 # 1-17 odd In th nxt two ction, w xamin how population growth can b modld uing diffrntial quation. W tart

More information

GOAL SETTING AND PERSONAL MISSION STATEMENT

GOAL SETTING AND PERSONAL MISSION STATEMENT Prsonal Dvlopmnt Track Sction 4 GOAL SETTING AND PERSONAL MISSION STATEMENT Ky Points 1 Dfining a Vision 2 Writing a Prsonal Mission Statmnt 3 Writing SMART Goals to Support a Vision and Mission If you

More information

the so-called KOBOS system. 1 with the exception of a very small group of the most active stocks which also trade continuously through

the so-called KOBOS system. 1 with the exception of a very small group of the most active stocks which also trade continuously through Liquidity and Information-Basd Trading on th Ordr Drivn Capital Markt: Th Cas of th Pragu tock Exchang Libor 1ÀPH³HN Cntr for Economic Rsarch and Graduat Education, Charls Univrsity and Th Economic Institut

More information

STATEMENT OF INSOLVENCY PRACTICE 3.2

STATEMENT OF INSOLVENCY PRACTICE 3.2 STATEMENT OF INSOLVENCY PRACTICE 3.2 COMPANY VOLUNTARY ARRANGEMENTS INTRODUCTION 1 A Company Voluntary Arrangmnt (CVA) is a statutory contract twn a company and its crditors undr which an insolvncy practitionr

More information

On the moments of the aggregate discounted claims with dependence introduced by a FGM copula

On the moments of the aggregate discounted claims with dependence introduced by a FGM copula On th momnts of th aggrgat discountd claims with dpndnc introducd by a FGM copula - Mathiu BARGES Univrsité Lyon, Laboratoir SAF, Univrsité Laval - Hélèn COSSETTE Ecol Actuariat, Univrsité Laval, Québc,

More information

Asset set Liability Management for

Asset set Liability Management for KSD -larning and rfrnc products for th global financ profssional Highlights Library of 29 Courss Availabl Products Upcoming Products Rply Form Asst st Liability Managmnt for Insuranc Companis A comprhnsiv

More information

In the first years of the millennium, Americans flocked to Paris to enjoy French

In the first years of the millennium, Americans flocked to Paris to enjoy French 14 chaptr Exchang Rats and th Forign Exchang Markt: An Asst Approach 320 In th first yars of th millnnium, Amricans flockd to Paris to njoy Frnch cuisin whil shopping for dsignr clothing and othr spcialtis.

More information

Combinatorial Analysis of Network Security

Combinatorial Analysis of Network Security Combinatorial Analysis of Ntwork Scurity Stvn Nol a, Brian O Brry a, Charls Hutchinson a, Sushil Jajodia a, Lynn Kuthan b, and Andy Nguyn b a Gorg Mason Univrsity Cntr for Scur Information Systms b Dfns

More information

Meerkats: A Power-Aware, Self-Managing Wireless Camera Network for Wide Area Monitoring

Meerkats: A Power-Aware, Self-Managing Wireless Camera Network for Wide Area Monitoring Mrkats: A Powr-Awar, Slf-Managing Wirlss Camra Ntwork for Wid Ara Monitoring C. B. Margi 1, X. Lu 1, G. Zhang 1, G. Stank 2, R. Manduchi 1, K. Obraczka 1 1 Dpartmnt of Computr Enginring, Univrsity of California,

More information

FACULTY SALARIES FALL 2004. NKU CUPA Data Compared To Published National Data

FACULTY SALARIES FALL 2004. NKU CUPA Data Compared To Published National Data FACULTY SALARIES FALL 2004 NKU CUPA Data Compard To Publishd National Data May 2005 Fall 2004 NKU Faculty Salaris Compard To Fall 2004 Publishd CUPA Data In th fall 2004 Northrn Kntucky Univrsity was among

More information

Use a high-level conceptual data model (ER Model). Identify objects of interest (entities) and relationships between these objects

Use a high-level conceptual data model (ER Model). Identify objects of interest (entities) and relationships between these objects Chaptr 3: Entity Rlationship Modl Databas Dsign Procss Us a high-lvl concptual data modl (ER Modl). Idntify objcts of intrst (ntitis) and rlationships btwn ths objcts Idntify constraints (conditions) End

More information

Theoretical aspects of investment demand for gold

Theoretical aspects of investment demand for gold Victor Sazonov (Russia), Dmitry Nikolav (Russia) Thortical aspcts of invstmnt dmand for gold Abstract Th main objctiv of this articl is construction of a thortical modl of invstmnt in gold. Our modl is

More information

Analyzing Failures of a Semi-Structured Supercomputer Log File Efficiently by Using PIG on Hadoop

Analyzing Failures of a Semi-Structured Supercomputer Log File Efficiently by Using PIG on Hadoop Intrnational Journal of Computr Scinc and Enginring Opn Accss Rsarch Papr Volum-2, Issu-1 E-ISSN: 2347-2693 Analyzing Failurs of a Smi-Structurd Suprcomputr Log Fil Efficintly by Using PIG on Hadoop Madhuri

More information

Data warehouse on Manpower Employment for Decision Support System

Data warehouse on Manpower Employment for Decision Support System Data warhous on Manpowr Employmnt for Dcision Support Systm Amro F. ALASTA, and Muftah A. Enaba Abstract Sinc th us of computrs in businss world, data collction has bcom on of th most important issus du

More information

EVALUATING EFFICIENCY OF SERVICE SUPPLY CHAIN USING DEA (CASE STUDY: AIR AGENCY)

EVALUATING EFFICIENCY OF SERVICE SUPPLY CHAIN USING DEA (CASE STUDY: AIR AGENCY) Indian Journal Fundamntal and Applid Lif Scincs ISSN: 22 64 (Onlin) An Opn Accss, Onlin Intrnational Journal Availabl at www.cibtch.org/sp.d/jls/20/0/jls.htm 20 Vol. (S), pp. 466-47/Shams and Ghafouripour

More information

WORKERS' COMPENSATION ANALYST, 1774 SENIOR WORKERS' COMPENSATION ANALYST, 1769

WORKERS' COMPENSATION ANALYST, 1774 SENIOR WORKERS' COMPENSATION ANALYST, 1769 08-16-85 WORKERS' COMPENSATION ANALYST, 1774 SENIOR WORKERS' COMPENSATION ANALYST, 1769 Summary of Dutis : Dtrmins City accptanc of workrs' compnsation cass for injurd mploys; authorizs appropriat tratmnt

More information

TIME MANAGEMENT. 1 The Process for Effective Time Management 2 Barriers to Time Management 3 SMART Goals 4 The POWER Model e. Section 1.

TIME MANAGEMENT. 1 The Process for Effective Time Management 2 Barriers to Time Management 3 SMART Goals 4 The POWER Model e. Section 1. Prsonal Dvlopmnt Track Sction 1 TIME MANAGEMENT Ky Points 1 Th Procss for Effctiv Tim Managmnt 2 Barrirs to Tim Managmnt 3 SMART Goals 4 Th POWER Modl In th Army, w spak of rsourcs in trms of th thr M

More information

Closed-form solutions for Guaranteed Minimum Accumulation Benefits

Closed-form solutions for Guaranteed Minimum Accumulation Benefits Closd-form solutions for Guarantd Minimum Accumulation Bnfits Mikhail Krayzlr, Rudi Zagst and Brnhard Brunnr Abstract Guarantd Minimum Accumulation Bnfit GMAB is on of th variabl annuity products, i..

More information

Online Price Competition within and between Heterogeneous Retailer Groups

Online Price Competition within and between Heterogeneous Retailer Groups Onlin Pric Comptition within and btwn Htrognous Rtailr Groups Cnk Kocas Dpartmnt of Markting and Supply Chain Managmnt, Michigan Stat Univrsity kocas@msu.du Abstract This study prsnts a modl of pric comptition

More information

User-Perceived Quality of Service in Hybrid Broadcast and Telecommunication Networks

User-Perceived Quality of Service in Hybrid Broadcast and Telecommunication Networks Usr-Prcivd Quality of Srvic in Hybrid Broadcast and Tlcommunication Ntworks Michal Galtzka Fraunhofr Institut for Intgratd Circuits Branch Lab Dsign Automation, Drsdn, Grmany Michal.Galtzka@as.iis.fhg.d

More information

Cost-Volume-Profit Analysis

Cost-Volume-Profit Analysis ch03.qxd 9/7/04 4:06 PM Pag 86 CHAPTER Cost-Volum-Profit Analysis In Brif Managrs nd to stimat futur rvnus, costs, and profits to hlp thm plan and monitor oprations. Thy us cost-volum-profit (CVP) analysis

More information