A company has purchased a Standard Reserved Instance for an m5.large instance in the us-east-1 Region. Later on, it realizes that its workload would be better suited to an m5.xlarge instance in the same Region. What can the company do to adapt its current Reserved Instance to meet this new requirement?
Transfer the Reserved Instance to another Region where m5.xlarge is available.
Exchange the Standard Reserved Instance for another generation of the same instance type.
Modify the instance size within the same instance family.
Upgrade to a higher instance family while retaining the Reserved Instance.
Reserved Instances offer flexibility by allowing changes to the Availability Zones, instance sizes within the same instance family, and the operating system. In this case, the company can modify the instance to a different size within the same instance family, such as from m5.large to m5.xlarge. This flexibility helps in efficiently adapting to changing workloads without losing cost benefits. The other options related to instance generation, instance family, and region do not apply in this scenario.
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