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A company hosts its website on AWS. To address the highly variable demand, the company has implemented Amazon EC2 Auto Scaling. Management is concerned that the company is over-provisioning its infrastructure, especially at the front end of the three-tier application. A solutions architect needs to ensure costs are optimized without impacting performance. What should the solutions architect do to accomplish this?
FOB Shipping Point
A term used in shipping agreements indicating that the buyer is responsible for paying shipping costs and for the goods at the point of departure from the seller's shipping dock.
Inventory Turnover
An indicator of the number of times a business's inventory turns over and is replenished during a certain period, demonstrating how efficiently inventory is managed.
Specific Identification Method
An inventory valuation method that tracks the actual cost of each specific item of inventory to determine cost of goods sold and ending inventory.
Average-Cost Method
An inventory costing method that calculates the cost of goods sold and ending inventory value based on the weighted-average cost of all items.
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