yes your start and end value is correct for 064 for 200 bins in this case system will create bin STIC-01-01,STIC-01-02,STIC-01-03 Up to ....STIC-01-20, then STIC-02-01,STIC-02-02 Up to ....STIC-02-20 and so on till STIC-10-20
yes increment is mandatory as in above example you can observe that the level is increasing by 01 up to 20 and then stack is increasing by 01 up to 20