I think your EE and the auto field is causing a gap here. Not sure what you mean by not letting the engine start during the voltage drop. The pos wire from alt to batt has voltage present running or not.
Example of a voltage drop: the difference in voltage across a connection, wire, circuit, etc.
So lets say your truck wont start but you have a fully charged battery. This could be a bad connection (voltage drop) at the terminals. You would put one lead of the VOM on the BATT post and one lead on the cable end. If there is no voltage drop, the meter reads 0.0. If it were a really bad connection, the meter will read 3.2 for example. That is the difference between batt voltage and what the cable is seeing; you have a 3.2v drop. Sometimes you will have a very small or no voltage drop until you put it under load (trying to crank or turn lights on) and walla, now the poor connection fails and you have a huge voltage drop.
So in your case, put on lead on the POS term of the alt. I'm not real familiar with your model so it should be the big wire that runs to the batt. Put the other lead on the poss. batt terminal. You should see 0.0 meaning a perfect connection. This isnt really possible because you lose a little at every connection. I'm guessing you'll see a higher number. To isolate the problem, start working the lead you have on the poss batt terminal back towards the alt. ONE CONNECTION at a time. So from the batt, to the cable end at the batt, then to the fuse/fusible link in the wire, then you should be at the alt.
Maybe take a picture of your setup; I'm sure that explanation was confusing. Id would help if we knew what the connection between the alt and batt consists of. There is usually a fuse/fusible link in there. Sometimes a simple hands on test will reveal the problem. Touch and wiggle all connections and wires related to the problem circuit. Look for bulging wires near the connections (corrosion).
If you don't have a drop, turn on the headlights and flashers and retry.
Im strapped for time today, but I can post a video of this test later tonight or tomorrow for sure.