Current Monthly Price calculation in the Rightsizing report

Products

• CloudHealth

Issue/Introduction

One key aspect to note is that the Current Monthly Price in the Rightsizing report is the List Price, so it might be significantly higher than the cost in the Cost History Report.
 

Resolution

Example how the Current Monthly Price is calculated:

If an instance has run for 10 hours in the last 5 days, we extrapolate this for 30 days i.e. total monthly hours for the instance would be (10/5)*30 and we multiply this by that instance type's on-demand rate to calculate it's monthly price. We add this across all instances for 'Current Monthly Price'. 
The platform does a similar computation for Projected Monthly Price

Projected Monthly Savings = Current Monthly Price - Projected Monthly Price