I don't think egress policing works on this platform, but you'd need to use SRR, and frankly shaping is always preferable when possible.
Enabling 'mls qos' willy-nilly on 3750 can be recipe for disaster, the defaults are horrible, e.g. EF gets policed at 4%. So you should at least read:
- How to maximize available buffers
- Cisco Catalyst 3750 QoS Configuration Examples
- Configuration Guide
For ingress your suggested config should work.
I'd like to offer some additional thoughts on dimensioning your CIR buffer, I know that traditional Cisco CCO lore talks about RTT, but RTT actually has nothing to do with policer, as your router/switch does not care how long packet has been in-flight when it arrives. What is of key importance is rate of ingress interface, as ingress interface physical rate determines how fast your 'bucket' is being filled and policer rate determines how fast it is emptied.
JNPR formula (burst_time * interface_rate) is quite useful rule-of-thumb, so if you have 10G ingress interface and you have 1Mbps egress policer on interface A and 100Mbps egress policer on interface B, both [AB] policers should have same CIR buffer, say 10G * 5ms to handle 5ms burst, just tune the time to fit the burstiness of your traffic profile.