Generating automatic bandwidth adjustment policies per label-switched path

A non-transitory computer-readable medium storing instructions, the instructions comprising:

• one or more instructions that, when executed by one or more processors of a first device, cause the one or more processors to:
• receive, from a second device, a plurality of bandwidth usage values associated with a plurality of label-switched paths;
• determine an automatic bandwidth adjustment policy based on the plurality of bandwidth usage values,
• the automatic bandwidth adjustment policy including multiple factors,
• the multiple factors being associated with a plurality of second values, and
• the plurality of second values being determined based on the plurality of bandwidth usage values;
• and
• provide, to the second device, information that identifies the automatic bandwidth adjustment policy and that causes the second device to adjust a bandwidth reservation of a label-switched path, of the plurality of label-switched paths, based on the automatic bandwidth adjustment policy.

A method, comprising:

• identifying, by a device, a plurality of first values associated with network traffic of a label-switched path of a plurality of label-switched paths;
• determining, by the device, an adjustment policy based on the plurality of first values,
• the adjustment policy to include one or more factors associated with a plurality of second values,
• the plurality of second values being determined based on the plurality of first values;
• and
• implementing, by the device, the adjustment policy in association with the label-switched path,
• a bandwidth reservation of the label-switched path being adjusted based on the adjustment policy, and
• the adjustment policy being implemented for fewer than all of the plurality of label-switched paths.