Final Answer:
The Hazmat Equipment Plan establishes maximum quantities of hazardous materials that can be stored or handled within a specific facility, ensuring compliance with safety regulations and preventing potential hazards.
Step-by-step explanation:
The Hazmat Equipment Plan is a crucial component of safety protocols in facilities dealing with hazardous materials. It sets forth guidelines and limitations on the maximum quantities of hazardous substances that can be stored, processed, or handled within the facility. These limits are defined to mitigate risks associated with the release, exposure, or mishandling of hazardous materials, preventing accidents and safeguarding the well-being of personnel and the surrounding environment. The plan considers factors such as the nature of the materials, their properties, and the facility's capacity to ensure compliance with relevant safety regulations, standards, and codes.