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AWScloud~5 mins

EC2 pricing models (on-demand, reserved, spot) in AWS - Cheat Sheet & Quick Revision

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Recall & Review
beginner
What is the On-Demand pricing model in EC2?
On-Demand pricing lets you pay for compute capacity by the hour or second with no long-term commitments. You can start and stop instances anytime and pay only for what you use.
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beginner
Describe the Reserved Instances pricing model in EC2.
Reserved Instances let you reserve capacity for 1 or 3 years with a significant discount compared to On-Demand. You pay upfront or partially upfront and get a lower hourly rate.
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beginner
What is the Spot Instances pricing model in EC2?
Spot Instances let you use spare EC2 capacity at steep discounts. However, AWS can reclaim these instances with a 2-minute warning if it needs the capacity back.
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beginner
Which EC2 pricing model is best for flexible, short-term workloads?
On-Demand pricing is best for flexible, short-term workloads because you pay only for what you use without commitments.
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intermediate
What is a key risk when using Spot Instances?
The key risk is that Spot Instances can be interrupted by AWS when the capacity is needed elsewhere, so they are not suitable for critical or long-running tasks without checkpointing.
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Which EC2 pricing model requires a long-term commitment for a discount?
ASpot Instances
BOn-Demand Instances
CReserved Instances
DDedicated Hosts
What happens to Spot Instances when AWS needs the capacity back?
AThey are stopped immediately without warning
BThey receive a 2-minute warning before termination
CThey continue running without interruption
DThey are converted to On-Demand Instances
Which pricing model is best if you want to pay only for what you use with no upfront cost?
AOn-Demand Instances
BReserved Instances
CSpot Instances
DSavings Plans
Which EC2 pricing model offers the steepest discount but with interruption risk?
ASpot Instances
BReserved Instances
COn-Demand Instances
DDedicated Hosts
If you have a steady, predictable workload, which EC2 pricing model is most cost-effective?
AOn-Demand Instances
BDedicated Hosts
CSpot Instances
DReserved Instances
Explain the differences between On-Demand, Reserved, and Spot EC2 pricing models.
Think about cost, commitment, and interruption risk.
You got /3 concepts.
    When would you choose Spot Instances over On-Demand or Reserved Instances?
    Consider workload tolerance for interruptions and budget.
    You got /3 concepts.