Predicting water holdup measurement accuracy of multiphase production logging tools

In one possible implementation, a computer-readable tangible medium includes instructions that direct a processor to access one or more wellbore properties and a plurality of well fluid properties. Instructions are also present that direct the processor to access a distance between a proposed location of an inlet to a multiphase production logging tool and an emulsion generation location in a wellbore. Further instructions instruct the processor to predict a drop size distribution of emulsified water in the well fluid at the proposed location of the inlet to the multiphase production logging tool. Additional instructions instruct the processor to compute an estimated error in water holdup detected by the multiphase production logging tool based on the drop size distribution, and recommend deployment of a pulsed neutron logging tool in the wellbore when the estimated error in the water holdup is above a preset threshold.