A device may identify a plurality of first values associated with network traffic of a label-switched path of a plurality of label-switched paths. The device may determine an adjustment policy based on the plurality of first values. The adjustment policy may include one or more factors associated with a plurality of second values. The plurality of second values may be determined based on the plurality of first values. The device may implement the adjustment policy in association with the label-switched path. A bandwidth reservation of the label-switched path may be adjusted based on the adjustment policy. The adjustment policy may be implemented for fewer than all of the plurality of label-switched paths.