Which Amazon EC2 pricing model would be MOST cost-effective in this situation?
On-Demand Instances
Reserved Instances
Dedicated Instances
Spot Instances
Explanations:
On-Demand Instances are billed at a higher rate without long-term commitment, making them less cost-effective for workloads that can tolerate downtime.
Reserved Instances require an upfront payment for a commitment over a 1 or 3-year term, which is not ideal for workloads that do not need continuous uptime.
Dedicated Instances provide physical isolation on hardware but are typically more expensive than other options, which is unnecessary for workloads that can handle interruptions.
Spot Instances allow users to bid on unused EC2 capacity at potentially lower prices, making them the most cost-effective choice for batch processing workloads that can tolerate interruptions.