METHOD AND SYSTEM FOR EFFICIENT UTILIZATION OF RESOURCES IN CONTAINERS

A method and system for allocating resources to containers includes receiving a plurality of resource allocation requests from a plurality of containers, receiving a preference of a container from each of the plurality of containers, determining a priority-sequence for the plurality of containers, allocating a first associated resource for an associated first time-period to each container of the plurality of containers, determining a current consumption of the first associated resource by each container of the plurality of containers during the associated first time-period, and allocating a second associated resource to each container of the plurality of containers based on the current consumption of the first associated resource by each container of the plurality of containers.