Managing operational throughput for shared resources

A computer system for managing shared resources, comprising:

• one or more processors;
• and
• memory, including instructions executable by the one or more processors to cause the computer system to at least:
• receive an instance request associated with a user, the instance request specifying a type of resource capacity and a rate of input/output operations to be used in providing an instance for the user, the instance being operable to handle I/O operations on behalf of the user;
• if the type of capacity is a dedicated capacity type and dedicated capacity for the user with at least the rate of I/O operations is available, generate an instance for the user using the dedicated capacity;
• if the type of capacity is a reserved capacity type and reserved capacity for the user with at least the rate of I/O operations is available, generate an instance for the user using the reserved capacity;
• if the type of capacity is an excess capacity type:
• determine whether a bid price is a winning bid price, the winning bid price being greater than other pending bids for the same excess capacity and being at least equal to a current market price;
• if the bid price is the winning bid price and excess capacity for the user with at least the rate of I/O operations is available, generate an instance for the user using the excess capacity for at least a minimum period of time;
• and
• if the type of capacity is a variable capacity type and variable capacity is available, generate an instance for the user using the variable capacity, the variable capacity capable of having less than the rate of I/O operations specified for the instance request.

A non-transitory computer-readable medium including instructions stored therein that, when executed by at least one computing device, cause the at least one computing device to:

• receive an instance request associated with a user, the instance request specifying a type of resource capacity and a rate of input/output operations to be used in providing an instance for the user, the instance being operable to handle I/O operations on behalf of the user;
• if the type of capacity is a dedicated capacity type and dedicated capacity for the user with at least the rate of I/O operations is available, generate an instance for the user using the dedicated capacity;
• if the type of capacity is a reserved capacity type and reserved capacity for the user with at least the rate of I/O operations is available, generate an instance for the user using the reserved capacity;
• if the type of capacity is an excess capacity type:
• determine whether a bid price is a winning bid price, the winning bid price being greater than other pending bids for the same excess capacity and being at least equal to a current market price;
• if the bid price is the winning bid price and excess capacity for the user with at least the rate of I/O operations is available, generate an instance for the user using the excess capacity for at least a minimum period of time;
• and
• if the type of capacity is a variable capacity type and variable capacity is available, generate an instance for the user using the variable capacity, the variable capacity capable of having less than the rate of I/O operations specified for the instance request.