canned:
I guess I disagee with Mr. Montemayor or perhaps I do not understand some of the terms used. (This is a rare event)
If your "tank" is a certified ASME Section VIII Pressure Vessel (ie has an ASME name plate with registration number), then the design pressure is the MAWP (maximum allowable working pressure) and ASME states that a relief device is required, of a certain capacity, and must be set no higher than the MAWP.
I do not understand the above usage of the term "rated".
In the course that I teach, I find it much clearer to always use the term MAWP (as defined by ASME)
API 2000 will provide guidance on flow rates and relief valve settings based on the specific process conditions. But this is different than the requirement for tank integrity and burst protection, which is what ASME addresses.
I agree with the statement about setting the relief device as high as possible....mindful of other considerations.
-MJC