I understand you're running into an issue with Rate Limits and looking for further clarification on how Rate Limits are impacted by Pricing Tier, Deployment Type, and Configured Token Limit.
Let's breakdown your model deployment. I didn't see you mention a specific model so I'll assume a in 4o - Global Standard East US as it is one of the examples in the Azure OpenAI Documentation.
To start you set up a Azure OpenAI resource with standard billing in a specific Azure region. After which you can navigate to AI Foundry (Azure OpenAI Service) to deploy a Model. Here is an excerpt from Azure an Azure Learn Article that further clarifies how Deployment Type, Region, Subscription, and Model impact Quota and TPM.:
"*With a quota of 240,000 TPM for GPT-35-Turbo in East US, a customer can create a single deployment of 240K TPM, 2 deployments of 120K TPM each, or any number of deployments in one or multiple Azure OpenAI resources as long as their TPM adds up to less than 240K total in that region."
*
Quota - Set on a subscription, per region, per model basis.
TPM - Set on a specific Model Deployment, aggregated for Quota.
To answer your questions:
To address this issue, should I request an increase to the S0-Standard pricing tier, the Deployment type as there are 6 types of deployment type, or both? If you are trying to increase the TPM's for a specific model to avoid a rate limit issue.
-First try increasing the TPM's on that model using the Quota page of AI Foundry.
Also when i increase the either two, then will it affect the tokens per minute rate limit when we deploy the model which currently can be maximized to 30k.
Let me know if this is helpful or if you need more information
Max