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Mobile edge computing provides the opportunity for wireless users to exploit the power of cloud computing without a large communication delay. To serve data-intensive applications (e.g., video analytics, machine learning tasks) from the edge, we need, in addition to computation resources, storage resources for storing server code and data as well as network bandwidth for receiving user-provided data. Moreover, due to time-varying demands, the code and data placement needs to be adjusted over time, which raises concerns of system stability and operation cost. In this paper, we address these issues by proposing a two-time-scale framework that jointly optimizes service (code and data) placement and request scheduling, while considering storage, communication, computation, and budget constraints. First, by analyzing the hardness of various cases, we completely characterize the complexity of our problem …