I found a document from Microsoft..Though it is not
almost the problem classified by microsoft...it looks
some what similar..
"
FIX: The initialization phase of Analysis Services
database processing takes several hours to complete

http://support.microsoft.com/default.aspx?kbid=833980
"
For our case

1. jobs finishes after 16 hours of processing.
2. there is no virtual cube in the database.

But the problem is like descirbed above. May be it is due
to locking problem. we have restarted several times..what
else to do remove lock conflict.is this the same problem
described in the article.please advice..thanks in advance
for any help regarding this...

Thanks again..
Sajith