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MEC Edge Computing Cost and Pricing Models

Description: This quiz covers the concepts of cost and pricing models associated with MEC edge computing.
Number of Questions: 15
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Tags: mec edge computing cost models pricing models
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Which of the following is a common cost component in MEC edge computing?

  1. Infrastructure Deployment

  2. Network Connectivity

  3. Application Development

  4. All of the Above


Correct Option: D
Explanation:

MEC edge computing involves costs associated with infrastructure deployment, network connectivity, and application development.

What is the primary factor influencing the cost of MEC edge computing infrastructure deployment?

  1. Number of Edge Nodes

  2. Geographical Distribution

  3. Processing Capacity

  4. All of the Above


Correct Option: D
Explanation:

The cost of MEC edge computing infrastructure deployment is influenced by the number of edge nodes, their geographical distribution, and the processing capacity required.

Which pricing model is commonly used for MEC edge computing services?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Both Pay-as-you-go and Subscription-based


Correct Option: D
Explanation:

MEC edge computing services can be priced using either a pay-as-you-go model or a subscription-based model, or a combination of both.

What is the primary advantage of the pay-as-you-go pricing model for MEC edge computing?

  1. Cost-effectiveness for low-usage scenarios

  2. Flexibility in resource allocation

  3. Predictable costs

  4. Simplified billing


Correct Option: A
Explanation:

The pay-as-you-go pricing model offers cost-effectiveness for scenarios where MEC edge computing resources are used infrequently or sporadically.

Which pricing model is suitable for applications with consistent and predictable MEC edge computing resource usage?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Both Pay-as-you-go and Subscription-based


Correct Option: B
Explanation:

The subscription-based pricing model is suitable for applications with consistent and predictable MEC edge computing resource usage, as it offers a fixed cost structure.

What is the primary challenge associated with the flat-rate pricing model for MEC edge computing?

  1. Difficulty in accommodating varying usage patterns

  2. Lack of flexibility in resource allocation

  3. Unpredictable costs

  4. Complex billing processes


Correct Option: A
Explanation:

The flat-rate pricing model poses a challenge in accommodating varying usage patterns, as it does not allow for adjustments based on actual resource consumption.

Which pricing model is suitable for applications requiring guaranteed resource availability and performance in MEC edge computing?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Dedicated Resource Model


Correct Option: D
Explanation:

The dedicated resource model is suitable for applications requiring guaranteed resource availability and performance in MEC edge computing, as it allocates dedicated resources exclusively to the application.

What is the primary advantage of the dedicated resource model for MEC edge computing pricing?

  1. Cost-effectiveness for low-usage scenarios

  2. Flexibility in resource allocation

  3. Guaranteed resource availability and performance

  4. Simplified billing


Correct Option: C
Explanation:

The dedicated resource model offers guaranteed resource availability and performance, ensuring that applications have access to the necessary resources to meet their requirements.

Which pricing model is suitable for applications requiring occasional or sporadic use of MEC edge computing resources?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Dedicated Resource Model


Correct Option: A
Explanation:

The pay-as-you-go pricing model is suitable for applications requiring occasional or sporadic use of MEC edge computing resources, as it allows for flexible resource allocation and payment only for the resources consumed.

What is the primary challenge associated with the subscription-based pricing model for MEC edge computing?

  1. Difficulty in accommodating varying usage patterns

  2. Lack of flexibility in resource allocation

  3. Unpredictable costs

  4. Complex billing processes


Correct Option: B
Explanation:

The subscription-based pricing model poses a challenge in terms of flexibility in resource allocation, as it typically involves a fixed allocation of resources that may not be suitable for applications with varying usage patterns.

Which pricing model is suitable for applications requiring fine-grained control over resource allocation and cost management in MEC edge computing?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Usage-based Pricing Model


Correct Option: D
Explanation:

The usage-based pricing model allows for fine-grained control over resource allocation and cost management in MEC edge computing, as it charges based on the actual usage of resources, providing flexibility and cost optimization.

What is the primary advantage of the usage-based pricing model for MEC edge computing?

  1. Cost-effectiveness for low-usage scenarios

  2. Flexibility in resource allocation

  3. Predictable costs

  4. Simplified billing


Correct Option: B
Explanation:

The usage-based pricing model offers flexibility in resource allocation, allowing applications to scale their resource usage based on their requirements and pay only for the resources they consume.

Which pricing model is suitable for applications requiring a combination of dedicated and shared resources in MEC edge computing?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Hybrid Pricing Model


Correct Option: D
Explanation:

The hybrid pricing model combines elements of both dedicated and shared resource models, providing a flexible approach for applications requiring a mix of guaranteed and variable resource allocation.

What is the primary challenge associated with the hybrid pricing model for MEC edge computing?

  1. Difficulty in managing resource allocation across different models

  2. Lack of transparency in pricing

  3. Unpredictable costs

  4. Complex billing processes


Correct Option: A
Explanation:

The hybrid pricing model poses a challenge in managing resource allocation across different pricing models, as it requires careful coordination and monitoring to ensure efficient utilization and cost optimization.

Which pricing model is suitable for applications requiring predictable costs and guaranteed resource availability in MEC edge computing?

  1. Pay-as-you-go

  2. Subscription-based

  3. Flat-rate

  4. Reserved Instance Model


Correct Option: D
Explanation:

The reserved instance model offers predictable costs and guaranteed resource availability in MEC edge computing by allowing applications to reserve resources in advance at a discounted rate.

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