Economic Consequences of Measurement Errors

In this article John Napper highlights the monetary effect of measurement errors for the loading of road tankers. His example of a terminal with 40 million litres per month where 0.1% error is equivalent to £200,000 per annum highlights the problem. He indicates sources of error and the way that mic...

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Bibliographic Details
Main Author: John Napper
Format: Article
Language:English
Published: SAGE Publishing 1986-06-01
Series:Measurement + Control
Online Access:https://doi.org/10.1177/002029408601900507