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Auto Feature - Feature Locator Parameter Clarification

I received a program from Stellantis that has the following parameter: FEATURE LOCATOR=NO,NO,"F4992M324 - POINT - INSP=D METAL=0.914 TYPE=10". I am unfamiliar with editing these parameters, and was wondering if someone could explain the effect this parameter has on a measured point. The full point is as such:

F4700M324 =FEAT/CONTACT/VECTOR POINT/DEFAULT,CARTESIAN
THEO/<1664.77,401.682,1307.33>,<-0.358794,0.123698,0.9251841>
ACTL/<1664.773,401.711,1307.338>,<-0.358794,0.123698,0.9251841>
TARG/<1664.77,401.682,1307.33>,<-0.358794,0.123698,0.9251841>
SHOW FEATURE PARAMETERS=YES
SURFACE=THICKNESS_NONE,0.914
MEASURE MODE=NOMINALS
RMEAS=NONE,NONE,NONE
AUTO WRIST=NO
GRAPHICAL ANALYSIS=NO
FEATURE LOCATOR=NO,NO,"F4992M324 - POINT - INSP=D METAL=0.914 TYPE=10"
SHOW CONTACT PARAMETERS=YES
AVOIDANCE MOVE=BOTH,DISTANCE=30
SHOW HITS=YES
HIT/BASIC,<1664.773,401.711,1307.338>,<-0.358794,0.123698,0.9251841>,<1664.773,401.711,130 7.338>
ENDMEAS/


Does this parameter, somehow influence material thickness of a point? The given coordinates are inside material, however I do not find anything pointing to an "Actual_Thickness" to compensate. Does this somehow modify this without using SURFACE=THICKNESS_NONE,0.914?