×

Balancing net inventory using a dynamic expansion coefficient of liquid product relative to temperature changes

  • US 7,536,264 B2
  • Filed: 02/18/2005
  • Issued: 05/19/2009
  • Est. Priority Date: 01/14/2005
  • Status: Expired due to Fees
First Claim
Patent Images

1. A method for balancing a net inventory of a liquid product, the method comprising:

  • recording a density and a temperature for a volume of the liquid product when the liquid product is delivered to a delivery vehicle;

    recording a density and a temperature of an additional volume of the liquid product in a storage tank;

    collecting and recording a density and a temperature of a third volume of liquid product from sensors located at one or more dispensers while the liquid product is being dispensed from the one or more dispensers;

    delivering the liquid product from the delivery vehicle into the storage tank; and

    using the recorded density and temperature values to calculate a volume adjusted net inventory balance of the product in the tank by converting the volume, the additional volume, and the third volume to equivalent volumes at a standardized temperature.

View all claims
  • 4 Assignments
Timeline View
Assignment View
    ×
    ×