Word: coste
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Dates: during 1950-1959
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TOLL-ROAD TROUBLES are easing a bit, giving holders of $4.7 billion worth of bonds somewhat happier view of their investment. End of recession plus opening of important new access roads has boosted traffic to cover eight big turnpikes' current interest cost...
Because of the expense, the biggest benefits of automation have largely been restricted to rich companies-until now. Last week California's Topp Industries announced a breakthrough in automation that will bring savings in cost and increased efficiency to small plants. Name of the new device: the Micro-Path Control System...
...work three years ago in a garage workshop with $2,500 in savings, an $1,800 loan, plus further cash put up by Topp when it bought the invention. The major objective of the Marantettes was to eliminate the complex, expensive computers used in previous control systems. Such computers cost $60,000 and up, need trained engineers to program and manage their operations; every instruction in a process must be turned into a mathematical equation, which is fed into a computer and transmitted first to punch tape, then to magnetic tape to guide the machines. The Marantettes' idea...
...most complex piece of milling work. To start the system, the operator merely runs the machine through its work by hand a first time. As he performs the task, the stylus records his most minute steps on tape, which then slavishly repeats the process endlessly with the pulse-servos. Cost of the system, which comes in a cabinet no bigger than a medium-size hi-fi set: from $12,000 to $25.000, plus $500 or so to fit it to whatever machine tool it is to operate...
...game's closing stages the spectators had little left to interest them except the growing Crimson point total; but this was no small consideration to those who remembered last year's de bacle. A series of 15-yard penalties may have cost the Crimson a couple of extra touchdowns, and it was particularly vexing to have a fine punt return by Don Gerety called back...