A 250 Ω receiver on a 4-20 mA loop
At full scale, 20 mA flows through the 250 Ω input: 0.02 × 250 = 5 V. The transmitter needs that much supply voltage on top of its own minimum, which is the check the 4-20 mA loop voltage calculator makes for the whole loop.
Voltage 5 V Open in the calculator