Answer: Compute Savings Plans

## Explanation **Compute Savings Plans** is the correct answer because: - **Cost Reduction**: Compute Savings Plans offer significant discounts (up to 72%) compared to On-Demand pricing - **Usage Commitment**: They require a commitment to a consistent amount of compute usage (measured in $/hour) for a 1- or 3-year term - **Flexibility**: They provide flexibility to change instance families, operating systems, and tenancy while maintaining the savings - **EC2 Focus**: Specifically designed for EC2 instances and other compute services **Why other options are incorrect**: - **Auto Scaling group**: This helps with availability and performance optimization, not cost savings through commitments - **On-Demand Instance**: This is pay-as-you-go pricing with no commitments and higher costs - **EC2 instance store**: This refers to temporary block-level storage, not a cost-saving mechanism Savings Plans are AWS's recommended way to save on compute costs when you can commit to consistent usage patterns.

Author: Ritesh Yadav