Refer to the Exhibit. An administrator has created the DRS cluster shown in the Exhibit. Based on the exhibit, which statement is true?

vSphere's CPU scheduler distributes CPU cycles proportionally to share values when the physical host is overcommitted. If Prod-VM1 holds four times the share count of Test-VM1, the scheduler guarantees it receives four times the CPU allocation during contention. This is a ratio-based entitlement applied only when demand exceeds supply.

CPU shares govern allocation only under contention - when resources are plentiful, every VM receives what it demands regardless of share values, so Prod-VM1 does not always have more CPU than other VMs.

Shares establish a relative floor during contention but impose no ceiling, so Test-VM2 is not permanently constrained to less CPU than all others when the host is not overcommitted.

The percentage of CPU a VM receives under contention equals its shares divided by the total shares of all competing VMs; a fixed 25% would only be accurate under one specific share distribution and is not a general rule.