Research Article

A Two-Phase Cloud Resource Provisioning Algorithm for Cost Optimization

Table 2

The configuration and the pricing models of each VM type.

VM typeResource configurationProcessing capacity (requests/s)Reserved instance (1 year, partial upfront)On-demand instance usage fee (per hour)
Upfront paymentUsage fee (per hour)

Small1 vCPU, 1.7GiB RAM, 160 GB disk20$123$0.010$0.044

Medium1 vCPU, 3.75GiB RAM, 410 GB disk50$247$0.020$0.087

Large2 vCPU, 7.5GiB RAM, 840 GB disk110$493$0.042$0.175

Extralarge4 vCPU, 15GiB RAM, 1680 GB disk225$987$0.083$0.35