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CM+B - updated understand-reservation-charges article
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articles/cost-management-billing/reservations/manage-reserved-vm-instance.md

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ms.reviewer: yashesvi
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ms.devlang: na
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ms.topic: conceptual
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ms.date: 02/12/2020
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ms.date: 02/18/2020
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ms.author: banders
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---
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# Manage Reservations for Azure resources
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## Reservation Order and Reservation
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When you purchase of a reservation, two objects are created: **Reservation Order** and **Reservation**.
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When you purchase a reservation, two objects are created: **Reservation Order** and **Reservation**.
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At the time of purchase, a Reservation Order has one Reservation under it. Actions such as split, merge, partial refund, or exchange create new reservations under the **Reservation Order**.
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1. Sign in to the [Azure portal](https://portal.azure.com).
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2. Select **All Services** > **Reservations**.
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3. Select the reservation.
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4. Select **Settings** > **Configuration**.
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5. Change the **Optimize for** setting.
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4. Select **Settings** > **Configuration**.
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![Example showing the Configuration item](./media/manage-reserved-vm-instance/add-product03.png)
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5. Change the **Optimize for** setting.
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![Example showing the Optimize for setting](./media/manage-reserved-vm-instance/instance-size-flexibility-option.png)
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## Optimize reservation use
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articles/cost-management-billing/reservations/toc.yml

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href: exchange-and-refund-azure-reservations.md
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- name: Manage reservations
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href: manage-reserved-vm-instance.md
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- name: Change optimize setting
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href: manage-reserved-vm-instance.md#change-optimize-setting-for-reserved-vm-instances
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- name: View reservations
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href: view-reservations.md
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- name: Concepts

articles/virtual-machines/windows/reserved-vm-instance-size-flexibility.md

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title: Virtual machine size flexibility -Azure Reserved VM Instances
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description: Learn what size series a reservation discount applies to when you by a reserved VM instance.
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services: virtual-machines-windows
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documentationcenter: ''
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author: yashar
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manager: bandersmsft
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editor: ''
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author: bandersmsft
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ms.service: virtual-machines-windows
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ms.topic: conceptual
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ms.tgt_pltfrm: vm-windows
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ms.workload: infrastructure-services
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ms.date: 08/03/2018
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ms.author: yashar
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ms.date: 02/18/2020
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# Virtual machine size flexibility with Reserved VM Instances

includes/virtual-machines-common-reserved-vm-instance-size-flexibility.md

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ms.topic: include
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ms.date: 11-20-2018
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ms.date: 02-18-2020
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When you buy a Reserved VM Instance, you can choose to optimize for instance size flexibility or capacity priority. For more information about setting or changing the optimize setting for reserved VM instances, see [Change the optimize setting for reserved VM instances](../articles/cost-management-billing/reservations/manage-reserved-vm-instance.md#change-optimize-setting-for-reserved-vm-instances).
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With a reserved virtual machine instance that's optimized for instance size flexibility, the reservation you buy can apply to the virtual machines (VMs) sizes in the same instance size flexibility group. For example, if you buy a reservation for a VM size that's listed in the DSv2 Series, like Standard_DS5_v2, the reservation discount can apply to the other four sizes that are listed in that same instance size flexibility group:
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