Method and apparatus for resource allocation with guarantees

A method and apparatus are provided for resource allocation with guarantees. A resource allocator is coupled to a controller. The resource allocator allocates resources between a plurality of arrival processes. A dedicated resource pool and a shared resource pool are provided. When an arrival process is identified, the resource allocator obtains a predefined characterizing value for the identified arrival process. Responsive to the obtained predefined characterizing value, resource from one of the dedicated resource pool or the shared resource pool is allocated to the arrival process. The controller is utilized for tracking resource use and for providing the predefined characterizing value for each of the plurality of arrival processes. The dedicated resource pool has a predetermined capacity greater than or equal to the total of all the low threshold values for each of the arrival processes. The dedicated resource pool provides the guarantees with the shared pool providing statistical multiplexed resource use. The controller increments a usage charge for the arrival process when a resource is allocated and decrements the usage charge at the end of use of the allocated resource. The controller evaluates use for the identified arrival process and updates the predefined characterizing value.