Network slicing allows mobile operators to offer, via proper abstractions, mobile infrastructure (radio, networking, computing) to vertical sectors traditionally alien to the telco industry (e.g., automotive, health, construction). Owning to similar business nature, in this paper we adopt yield management models successful in other sectors (e.g. airlines, hotels, etc.) and so we explore the concept of slice overbooking to maximize the revenue of mobile operators. The main contribution of this paper is threefold. First, we design a hierarchical control plane to manage the orchestration of slices end-to-end, including radio access, transport network, and distributed computing infrastructure. Second, we cast the orchestration problem as a stochastic yield management problem and propose two algorithms to solve it: an optimal Benders decomposition method and a suboptimal heuristic that expedites solutions. Third, we implement an experimental proof-of-concept and assess our approach both experimentally and via simulations with topologies from three real operators and a wide set of realistic scenarios. Our performance evaluation shows that slice overbooking can provide up to 3x revenue gains in realistic scenarios with minimal footprint on service-level agreements (SLAs).
# More detail can easily be written here using Markdown and $\rm \LaTeX$ math code.