Year
1966
Abstract
One of the most significant problems that will face investors, managers, and operators in nuclear activities, and especially in the field of commercial nuclear power, will be the proper management control of a special nuclear materials inventory that we estimate may exceed $5 billion in value in the IT. S. by 1980. Past experience has resulted in the development of special procedures and practices for the commercial control of materials such as coal and iron ore on one hand, and for precious metals on the other. While they have like prices, special nuclear materials are different in kind and will be handled in quantities much greater than precious metals. While special techniques or special adaptations of old techniques may be necessary, proper use of various established inventory management and control practices should be sufficient in most cases to protect adequately the investment of nations and individuals in these expensive materials.