Which EC2 instance purchasing option is MOST cost-effective for this use case?
On-Demand Instances:
Spot Instances
Reserved Instances
Dedicated Hosts
Explanations:
On-Demand Instances are billed at a standard rate for the compute capacity used and are suitable for unpredictable workloads that cannot be interrupted, making them less cost-effective for test workloads that can be interrupted.
Spot Instances allow users to bid on spare Amazon EC2 capacity at discounted rates, making them the most cost-effective option for non-time-sensitive workloads that can be interrupted.
Reserved Instances require a commitment to a specific instance type for a one- or three-year term, providing cost savings for predictable workloads but are not cost-effective for interruptible test workloads.
Dedicated Hosts provide physical servers dedicated to your use, incurring higher costs. They are meant for compliance and licensing needs rather than cost-effective temporary testing workloads.