Process Facilities often have intermediate storage facilities that store liquids prior to transporting to downstream equipment. The period of storage is short, i.e., of the order of minutes to hours & is defined as Holdup time. The Holdup time can also be explained as the reserve volume required to ensure safe & controlled operation of downstream equipment. The intermediate vessel also acts as a buffer vessel to accommodate any surge/spikes in flow rates, and is termed as surge time. Vessel Volume is an input data required in Process Dynamic Simulation and the following exercise covers estimation of volume required for single phase liquid flow into an intermediate vertical/horizontal/flat bottomed process vessel