Mass flow is an important measured variable in the Loss-of-Fluid Test (LOFT) Program. Large uncertainties in mass flow measurements in the LOFT piping during LOFT coolant experiments requires instrument testing in a transient two-phase flow loop that simulates the geometry of the LOFT piping. To satisfy this need, a transient two-phase flow loop has been designed and built. The load cell weighing system, which provides reference mass flow measurements, has been analyzed to assess its capability to provide the measurements. The analysis consisted of first performing a thermal-hydraulic analysis using RELAP4 to compute mass inventory and pressure fluctuations in the system and mass flow rate at the instrument location. RELAP4 output was used as input to a structural analysis code SAPIV which is used to determine load cell response. The computed load cell response was then smoothed and differentiated to compute mass flow rate from the system. Comparison between computed mass flow rate at the instrument location and mass flow rate from the system computed from the load cell output was used to evaluate mass flow measurement capability of the load cell weighing system. Results of the analysis indicate that the load cell weighing system will provide reference mass flows more accurately than the instruments now in LOFT.