The typical practice used by most firms is to find a single server that can do the work at the least cost and within the available time. Find the best single server solution - that is, which single server should you use and for how many hours will you rent this server?
The typical practice used by most firms is to find a single server that can do the work at the least cost and within the available time. Find the best single server solution - that is, which single server should you use and for how many hours will you rent this server?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question

Transcribed Image Text:(b) Find any multi-server solution that beats the single server solution. For this to happen
the multi-server solution must have a lower cost and finish the job in the available time.

Transcribed Image Text:4. Optimal Rental Decisions in Cloud Computing
Assume that AWS has the following 3 options for renting servers.
Fraction of
Job in one
Server
Description
Rental
Low Power
Medium Power
High Power
$2/hr.
$4/hr.
$9/hr.
Hour
1/8
1/6
1/3
L
M
Note that if you rent a server for less than one hour, you still must pay the rent for the entire
hour.
You have a job that must finısh in at most 5 hours. The low-power server can finish 1/8th of the
job in 1 hour, the medium-power server can finish 1/6 of the job in one hour, and the high-
power server can finish 1/3rd of the job in one hour.
(a) The typical practice used by most firms is to find a single server that can do the work at
the least cost and within the available time. Find the best sıngle server solution-that is,
which single server should you use and for how many hours will you rent this server?
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