I have explained about Date Dimension a lot previously and mentioned why that is needed. Date dimension gives you the ability to slice and dice your data by different date attributes, such as year, quarter, month, day, fiscal columns, etc. Time dimension, on the other hand, will give you the ability to slice and dice data in the level of hours, minutes, seconds, and buckets related to that, such as every 30 minutes, or 15 minutes, etc.
Time table SHOULD NOT be combined with Date table, the main reason is the huge size of the combined result. Let’s say your date table which includes one record per day, has 10 years of data in it, which means 3,650 rows. Now if you have a Time table with a row for every second, this ends up with 24*60*60=86,400 rows just for the time table. If you combine date and time table, you will have 3,650*86,400=315,360,000 rows. 315 Million rows in a table are not good for a dimension table. Even if you store one record per minute in your time table, you would still end up with over 5 million rows.
So don’t combine the Date and Time table. These two should be two different tables, and they both can have a relationship to the fact table.
With that in mind, click through to see how to create the table.