What types of pricing models exist for EC2
On Demand
Reserved
Spot
Host
What use case would be appropriate for on-demand EC2 instances
What use case would be appropriate for reserved EC2 instances
Types of reserved instances
Can you schedule a reserved instance?
Yes. This is called a scheduled reserved instance. You are purchasing a time slot that guarantees VM availability. Scheduled RIs must be used in the time scheduled time slot.
What use case would be appropriate for spot EC2 instances
If your spot pricing bid is beaten, will your EC2 instance be shut down?
Yes.
What use case would be appropriate for dedicated hosts EC2 instances
Can dedicated hosts be purchased on-demand (hourly)?
Yes
What are the pricing intervals for on demand?
By the hour (Windows)
By the second (Linux)