Member lists enable you to specify a subset of members within a dimension, and can reduce the time spent browsing the hierarchy of members. For example, if Italy, France, and UK are used frequently in the point of view for the Entity dimension, you can create a member list named European Region that includes the frequently used members. You can then select a European member from this list instead of browsing through the entire hierarchy of the Entity dimension.System-defined member lists are generated after an application is created and metadata is loaded. These member lists group members according to common properties, such as all children of a specified parent, or all base members of a specified dimension.
This video demonstrates How to Manage Member Lists in Oracle HFM (Hyperion Financial Management):
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