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