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Title: Optimal Removal Time Of Inactive Meters
Author: Harish Vaish
Source: American Gas Association 1981
Year Published: 1981
Abstract: The trade-offs involved in not imoving a gas flow measuring meter from a vacated residence are examined. A probability distribution for the time such a meter remains inactive is constructed. This distribution is used to calculate the net present value of costs and benefits as a function of the time after which an inactive meter is removed. By differentiating this function, the optimal removal time is calculated.

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