Renames a member and all shared copies of the member. You can only use the Rename Member command on local dimensions and Shared Library dimensions. You cannot rename members in a shared dimension in an application.

Rename Member
        Properties(ApplicationName, DimensionName, ParentName, MemberName, NewMemberName)
        Values('Comma', 'Account', '#root', 'M2', 'M2REN');

ApplicationName—The name of an existing application. Use #Shared to work with a member in a dimension in the Shared Library.

DimensionName—The name of an existing dimension.

ParentName—Name of the Parent of the member that you want to rename.

MemberName—Name of the existing member to rename.

NewMemberName—The new name for the member.