FAIS Basing Point Scenario
An artificial point is created that represents the ranges specified.
The artificial points are defined as ranges of zip/postal codes in the FAIS Basing Points maintenance routine in the creation of a basing point index. These points may also be based on other points when carriers group sub-points under one major point in their quotes.
The basing point index is included as part of the rate quote.
The artificial points are used in specification of the destination(or the origin) in the rate quote.