Deletes a child element from a dimension element.
NOTE: It will remove the element only from the rollup (from consolidated element). It will NOT actually delete the element from the dimension.
DimName - Name of the dimension
ConsolidatedElemName - Element name from which you want to remove the child element
ElemName - Child element's name
DimensionElementComponentDelete('Months', 'Q1', 'Jan');
This will delete a child element Jan from element Q1 in dimension Months.
Element Jan will still be present in dimension. It will just be removed from Q1 consolidated element.