dbs/db4/parallel_alter_instance is a SAP Parameter attribute which is used to control Override selection of Parallel Alter Lock Manager information. This is available within R/3 SAP systems depending on the version and release level.
Below is the standard documentation available and a few details of the attributes values .
If you use the parallel ALTER function (see SAP Note 960392), an
instance number is used to identify a parallel alter lock manager. Each
SAP system <(><<)>SID> on a database host (iSeries) should have its own
lock manager. By default, the message server port number module 100 is
used. For example: sapmsB4L with a port number of 3642 would have a
parallel alter instance of 42.
Example: dbs/db4/parallel_alter_instance = 42
Include this profile parameter in DEFAULT.PFL.
The current value is included in the developer trace:
parallel_alter_instance = 42
See SAP Note 960392
See SAP Parameter Documentation for full SAP documentation for this profile parameter.