The AWS Total Cost of Ownership (TCO) Calculator Is Used

question 713

Multiple Choice

The AWS Total Cost of Ownership (TCO) Calculator is used to:

• A) receive reports that break down AWS Cloud compute costs by duration, resource, or tags
• B) estimate savings when comparing the AWS Cloud to an on-premises environment
• C) estimate a monthly bill for the AWS Cloud resources that will be used
• D) enable billing alerts to monitor actual AWS costs compared to estimated costs

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Definitions:

Variable Cost

Costs that change directly with the level of production or service output.

Total Cost

The aggregate expenditure incurred by a business to produce, buy, or sell goods and services, including fixed and variable costs.

Inputs

Resources such as labor, materials, and capital that are used in the production process to create goods or services.

Average Total Cost

The total cost divided by the quantity produced, calculating the per-unit cost of production.