RESEARCH ARTICLES | RISK + CRYSTAL BALL + ANALYTICS

Tolerance Analysis is the set of activities, the up-front design planning and coordination between many parties (suppliers & customers), that ensure manufactured physical parts fit together the way they are meant to. Knowing that dimensional variation is the enemy, design engineers need to perform Tolerance Analysis before any drill bit is brought to raw metal, before any pellets are dropped in the hopper to mold the first part. Or, as the old carpenter's adage goes: Measure twice, cut once. 'Cause once all the parts are made, it would be unpleasant to find they don't go together. Not a good thing.

Tolerance Analysis is the set of activities, the up-front design planning and coordination between many parties (suppliers & customers), that ensure manufactured physical parts fit together the way they are meant to. Knowing that dimensional variation is the enemy, design engineers need to perform Tolerance Analysis before any drill bit is brought to raw metal, before any pellets are dropped in the hopper to mold the first part. Or, as the old carpenter's adage goes: Measure twice, cut once. 'Cause once all the parts are made, it would be unpleasant to find they don't go together. Not a good thing.

The recent and ongoing disaster in the Gulf of Mexico has raised some questions as to the preparedness of Big Oil to respond to an emergency spill.  An examination of their emergency spill plans has garnered criticism but is it justified?  How much effort should companies spend on risk identification and mitigation?

  • 18 June 2010
  • Author: mckibbinusa
  • Number of views: 548
  • Comments: 0

The recent and ongoing disaster in the Gulf of Mexico has raised some questions as to the preparedness of Big Oil to respond to an emergency spill.  An examination of their emergency spill plans has garnered criticism but is it justified?  How much effort should companies spend on risk identification and mitigation?

The recent and ongoing disaster in the Gulf of Mexico has raised some questions as to the preparedness of Big Oil to respond to an emergency spill.  An examination of their emergency spill plans has garnered criticism but is it justified?  How much effort should companies spend on risk identification and mitigation?

RSS
First9101112131415161718Last