Potential Market

A List of the Potential Buyers for Our Idea:

Construction/Carpentry/Contracting
- Buildings need to be accurately planned out to provide the most structural support.
Surveyors
- Surveying today is an estimation, but with an accurate measuring device, the
surveying results can be precise.
Teachers/Professors (Science/Mathematics)
- In labs, students use a foot-long ruler to measure a distance that is 30 feet. Teachers
can equip their students with an accurate device that minimizes guesswork for more
meaningful data through labs and experiments.
Students
- Uncertainties and human error in measurement can cause problems in data results.
For example, we had to measure the distance we ran in 5 seconds by using only a
meter stick. This made our gathered data unreliable and not exact.
Engineering (Aeronautical, Mechanical, etc.)
- Engineers need to provide a solution that others can replicate. Therefore,
measurements must be exact.
Real Estate
- The interior space of a house has to be measured accurately for the company to
advertise their market reliantly for consumers.
Robotics
- Many materials and parts are supposed to be cut and molded to fit a certain design
such as the chassis and drivetrain.
Machine Shops/Manufacturing/Factories
- In smaller items that have specific design, the use of factories is key. If these objects
are to be mass produced, then the measurements should be spot-on.
Automobile Industry
- The creation of each part of an automobile must have exact measurements if it will
be duplicated in mass production. Millions of people depend on the safety and
assured design of their vehicle.

Statistics:
Approximately 1 out of every 4,700 bridges collapse annually.
The Associated Press analyzed 607,380 bridges within the United States. The federal
National Bridge Inventory shows 65,605 were categorized as structurally deficient,
20,808 as fracture critical and 7795 were categorized as both.
Based on the American Society of Civil Engineers analysis, it would cost 20.5 Billion a
year to be spent to repair bridges until 2028 but only 12.8 was spent last year
Dozens of motorists have been killed due to the structure deficiency in bridges and
overpasses over the last 40 years.

 Starting at the bottom of the human error table...the error rate drops as we move
upward from Complicated non-routine task (1 error in 10), to Routine task with care
needed (1 error in 100), Routine simple task (1 error in 1000), and Simplest possible
task (1 error in 10,000).
You can also see what happens when you add stress into a situation: for 'Complicated
non-routine work' the failure rate rises from 10 errors per 100 opportunities to 25 per
100 opportunities.
The scariest advice of all is contained in the last error rate'Fail to act correctly after 1
minute in an emergency situation'9 errors in 10. Do not have emergencies; because
by two minutes into an emergency situation every decision people make will be wrong!
Sources:
http://america.aljazeera.com/articles/2013/9/16/many-us-bridgesarestructurallyunsoundsaysnewreport.html
Moskowitz, P. (2013, September 13). Many US bridges are structurally unsound:
Report. Retrieved November 1, 2015.
http://abcnews.go.com/GMA/story?id=3439672
Deadly Bridge Collapses Through the Decades. (n.d.). Retrieved November 1,
2015.
http://www.lifetime-reliability.com/tutorials/reliabilityengineering/Human_Error_Rate_Table_Insights.html
Sondalini, M. (n.d.). Unearth the answers and solve the causes of human error in
your company by understanding the hidden truths in human error rate tables.
Retrieved November 1, 2015.