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Product status is a data element you need to include in your Planning application. Each product will have a product status that can vary over time. You will use product status in calculations and will need to report sales by product status and across products in a cross tab format.
What is the best way to meet all of these requirements?
A. Define Product Status as an Attribute.
B. Define Product Status as a Separate Dimension.
C. Define Product Status as a Smart List.
D. Define Product Status as a Varying Attribute.
E. Define Product Status as an alternate hierarchy in the Product dimension.
Answer: D
Varying Attributes
About Varying Attributes
A product typically has attributes that describe or define the product. For example, a product could have an attribute describing the size of the product in ounces and an attribute describing the flavor of the product. In such a scenario, Product would be a base dimension while Ounces and Flavor would be attribute dimensions.
A varying attribute enables you to track two values in relation to a third dimension called an independent dimension. You could, for example, track your product in eight ounces over a year.In this scenario, Time is the independent dimension. The value of this third factor can vary (hence the name). For example, you could track your product over a year, a quarter, or a month.
Reference: Oracle Hyperion Planning, Fusion Edition, Release

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