From Airbus FCTM, FMGES PREPARATION:
The engine-out acceleration altitude must:
- Be at least 400ft above airport altitude;
- Ensure that the net flight path is 35ft above obstacles;
- Ensure that maximum time for takeoff thrust is not exceeded.
There are generally a minimum and a maximum one-engine-out altitude values.
The minimum value satisfies the first two criteria. The maximum value satisfies the last one.
Any value between those two may be retained.
The one-engine-out acceleration altitude is usually defaulted to 1500ft AGL, and may be updated as required.