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Process documentationCreation of Discount Premium Quality Schedules

 

Discount premium quality schedules (DPQS) are defined as master data, and then assigned to commodity contracts. The DPQS is used to define the acceptable quality terms for the contract.

The following constraints apply:

  • Only one DPQS value schedule can be defined as the default schedule for a plant for a given time period.

  • Only schedules with a status of released may be used in contracts.

    When you create a volume schedule or a value schedule, the system defaults its status to draft. When you have finalized the schedule, you change its status to released, and it becomes available for use in the system. If a schedule is no longer valid, you can change its status to retired.

Process

  1. If required, you create global derived characteristics (see Creating Global Derived Characteristics).

  2. You create a volume schedule (see Creating Volume Schedules).

  3. You simulate the volume schedule (see Simulating Volume Schedules).

  4. You release the volume schedule (see Setting the Status of Volume Schedules).

  5. You assign the volume schedule to a Trader's and Scheduler's Workbench (TSW) location (see Assigning Volume Schedules to TSW Locations).

  6. You create a value schedule (see Creating Value Schedules).

  7. You simulate the value schedule (see Simulating Value Schedules).

  8. You release the value schedule (see Setting the Status of Value Schedules).

  9. You assign the value schedule to a TSW location (see Assigning Value Schedules to TSW Locations).