Trevor, reread what I wrote,,, you quoted 2 very important dimensions first at the 4 decimal point which I can change by holding in my hand or breathing hard on it,,, and then the 3rd decimal point which requires a bit more heat.
Secondly then you talk about alloys, Are you talking alloy castings or gears and shafts made out of steel? The method I describe was a method for gears and shafts I was shown in Aviation school with FAA approved tech materials and using a Cessna service center tool, I can assure you thats a time proven method with extensive scrutiny. I summarized the technique as applied to a motorcycle part, and generally a hydraulic press would be sufficient, but I was trying to illustrate what heating and cooling techniques can do.
I *THOUGHT* I was competent with a Micrometer and worked in Aerospace as well as vehicle fleet maintenance for over a decade when I went back and took some more classes to get my federal Aviation license. In one of the classes one of our instructors *RETAUGHT* us proper use of a caliper and micrometer. Despite working for some of the biggest names in aerospace I learned I was using Micrometers wrong. In which case there is a LOT of people reading them wrong. But ol' Harold taught us a valuable lesson. One of which is how even a little bit of heat can change dimensions. The lesson was Mic'ing a crankshaft journal and a rod bolt. Then we had to hold the parts in our hands during part of the lecture. After 5 minutes we had to remeasure. I would suggest you or anyone else try it with a Micrometer (with up to 3 decimal point measurements IE: 0.000) you will find a surprising difference in measurements.
Now the same lesson with a caliper going to 4 decimal point. Most modern digitals are 0-5-0 for the 4th point but some can actually read 1-9. I can breathe heavily on a part and change that 4th point.
Now, do the same measurements with gears, bearings or shafts with one part in the freezer for 10 min and the other in a oven at 250 deg F/121.11 C and again check dimensional changes ID & OD. I am certain you will find the measurable differences remarkable. Its worked very well for me over the years.