Setting Reservation Levels for a VM

The vcloud usage meter says this:
Net points = (vGB hours X points per 1 GB reserved RAM)/hours per month
During one 30-day calendar month, a Service Provider uses the vCloud Service Provider Bundle – Premier Edition to configure his or her virtual machine with 16 vGB for 15 days and 48 vGB for the remaining 15 days. The reservation level for the virtual machine is set at 75 percent for the entire month.
15 days x 24 hours x 16 vGB x 0.75 = 4,320 vGB hours
15 days x 24 hours x 24 vGB (48 vGB x 0.75 but capped at 24GB) = 8,640 vGB hours
Total vGB hours = 12,960 vGB hours
Total points = 12,960 vGB hours ÷ 720 hours/month x 7 points (for Premier) = 126 points
Where do I "set the reservation level" for a VM?  Is this talking about setting individual VM reservations in vCenter Server, or about doing something in the vCloud Usage meter itself?

Hi. The reservation level is set for each VM, using a vSphere Client or API.

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