
In this lecture, we examine the problem of “resource planning”, reserving resources for unknown demand, a very common problem encountered in cloud computing and data centers. Specifically, we go through (i) the newsvendor model, (ii) stochastic planning to a demand forecast, and (iii) elastic planning using the framework of Online Convex Optimization.
Lecture Notes:
Lecture Notes part 1
Lecture Slides:
Lecture Slides Part 1