What is a Dynamic View?  How is it used in the Example Configuration?

In simple terms, a dynamic view is a reference attachment of a model, orientated by a saved view, into a destination model. This begins with creation of the master model, which can be either 2D or 3D, but for this purpose will be a 3D model from OpenPlant Modeler. A saved view of the original source model is then generated, using a callout tool, and a reference attachment created. During this process a Drawing model can be generated, with a saved view referenced to it, and the drawing model is then referenced to its destination. In a typical workflow, a Sheet model is used as the destination.

For full details refer to the attached document that explains in more detail.