Question

which of the following models allows cloud providers to make savings a step further by offering the ability to use only those computing resources you require at any particular time?
a consumption - based model
b fixed price model
c on - premises model
d shared responsibility model

Explanation:

• Consumption - based model: In this model, users pay only for the computing resources (like CPU time, storage space used, etc.) they consume at a particular time. This allows for cost - savings as there is no over - payment for unused resources.
• Fixed price model: Here, users pay a pre - determined, fixed amount for resources, regardless of actual usage. So, there is no saving based on usage.
• On - premises model: This is about having computing infrastructure within an organization's own premises. It is not related to the pay - as - you - use (based on consumption) concept for cost - savings.
• Shared responsibility model: This model is about the division of security responsibilities between cloud providers and users (e.g., provider is responsible for infrastructure security and user for data within the infrastructure). It is not about cost - savings based on resource consumption.

Answer:

A. Consumption - based model