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You are right, assigning more vCPUs will not help much, at least not for the application itself. It may however distribute other processes (e.g. system processes) across vCPUs.
There's not much you can do if you still run single-threaded applications. Either tell the vendor that we are living in the 21st century, and he should consider to modify the application, or consider to get a host with a higher CPU clock rate/frequency.
Yes, assigning more vCPUs willl help.
Whether the host is overprovisiond depends on what other workloads are running on it.
Either tell the vendor that we are living in the 21st century, and he should consider to modify the application
This one makes my day!!
Since I am new to VM, so many questions may not apply to 21st Century but need to be asked for better concept.
Appreciated both the response and great sense of humor!!