True or False: The most economical method of detecting leaks is strong inventory control.

Strong inventory control is indeed considered the most economical method of detecting leaks. This approach focuses on closely monitoring the quantities of materials, particularly hazardous substances, that are on hand. By maintaining accurate records of incoming and outgoing inventory, discrepancies can be easily identified, which may indicate a leak.

When inventory levels do not match expected usage or sales, it raises a red flag for potential losses due to leaks. This proactive management can result in significant cost savings, as it minimizes the need for extensive leak detection systems or emergency response situations. Additionally, strong inventory control can lead to better compliance with safety regulations and enhanced overall safety by reducing the likelihood of environmental contamination.

Implementing rigorous inventory tracking allows organizations to be efficient and effective in managing their resources, ultimately proving to be a cost-effective method for leak detection compared to other alternatives that may involve higher expenditures or complex systems.