For a Meter Data Management (MDM) implementation, a customer requires specific bill determinants along with bill determinant calculation validations to be executed, before the determinant values are exported to their customer information system (CIS).
Which THREE factors should you consider while configuring usage calculation groups?
Usage calculation groups are used to define how usage data are calculated, validated, and exported for different purposes, such as billing, settlement, or analysis. Usage calculation groups can have different components that specify the logic and parameters for performing various operations on usage data. According to the Oracle Utilities Meter Data Management Business User Guide, some examples of components that can be configured in usage calculation groups are:
CIS rates: These are rate schedules that are defined in the customer information system (CIS) and imported into Oracle Utilities Meter Data Management. CIS rates can be used to specify which bill determinants or usage calculations should be applied for different rate schedules or customer classes.
Bill determinants or usage validations: These are rules that check the quality or accuracy of usage data and assign condition codes or flags to indicate any issues or errors. Bill determinants or usage validations can be used to ensure that usage data meet certain criteria or standards before they are exported to CIS or other systems.
Bill determinants or usage calculations: These are rules that perform various calculations or adjustments on usage data, such as dividing usage into time-of-use periods, applying factors or multipliers, or deriving net usage. Bill determinants or usage calculations can be used to generate different types of bill determinants for billing purposes.
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