Specialty Tanks

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4.4.1   Normal Loss

 

First, it is inevitable that there will be some losses experienced during monthly inventory control. These are unavoidable and are considered normal losses.   Normal losses of inventory include the following:

         Loss due to evaporation

         Loss due to vapor emission during a transfer of product into the tank

         Loss due to any repairs that are made to piping – depending upon the length and diameter of the line this can be as much as twenty or more gallons