Shaping rates control the maximum rate of traffic transmitted on an interface. You can configure the shaping rate so that the interface transmits less traffic than it is physically capable of carrying.
You can configure shaping rates on logical interfaces. By default, output scheduling is not enabled on logical interfaces. Logical interface scheduling (also called per-unit scheduling) allows you to enable multiple output queues on a logical interface and associate an output scheduler and shaping rate with the queues.
By default, the logical interface bandwidth is the average of unused bandwidth for the number of logical interfaces that require default bandwidth treatment. You can specify a peak bandwidth rate in bits per second (bps), either as a complete decimal number or as a decimal number followed by the abbreviation k (1000), m (1,000,000), or g (1,000,000,000). The range is from 1000 through 32,000,000,000 bps.
For low-speed interfaces, the queue-limit values might become lower than the interface MTU so that traffic with large packets can no longer pass through some of the queues. If you want larger-sized packets to flow through, set the buffer-size configuration in the scheduler to a larger value. For more accuracy, the 100-ms queue-limit values are calculated based on shaper rates and not on interface rates.