

Knowing where to start in implementing a loss control program though can seem like an overwhelming task. This presentation will take you through the process of evaluating losses including identifying the financial impact in terms of value and risk of occurrence to justify reducing losses by improvements in measurement certainty.
Losses are calculated through the material and energy balances of the plant. Best practices for both static and dynamic measurement will be covered. We will discuss the most common sources of error in calculating these balances.
Losses can be both controllable and uncontrollable, and are both real and apparent (due to measurement problems). Controllable losses include flares, plant effluent, tank evaporation and solid waste, all of which must be minimized. Before steps can be taken to reduce these losses however, the real and apparent losses need to be well understood.
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Individuals
AIChE Member Credits | 0.5 |
AIChE Pro Members | $19.00 |
Employees of CCPS Member Companies | Free |
AIChE Graduate Student Members | Free |
AIChE Undergraduate Student Members | Free |
AIChE Explorer Members | $29.00 |
Non-Members | $29.00 |