Word: costing
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Dates: during 1970-1979
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International relief agencies, along with the European Community, Japan, Australia, Britain and the U.S. are mounting a substantial rescue operation expected to cost $110 million over the next six months. State Department officials in Washington said last week that the U.S. will give $7 million in emergency food and money as an initial contribution. Two bills are pending in the House of Representatives, one authorizing $20 million in Cambodian relief for fiscal 1980, the other providing for $30 million. Says Republican Representative John B. Anderson of Illinois, co-sponsor of the latter measure: "If we fail to mobilize the resources...
...labyrinth of Government regulation has not only shifted research from new products to the "defensive research" necessary to comply with burgeoning environmental and safety rules, but has also increased the cost of bringing out new developments. Says Chrysler Chairman Lee lacocca: "I never invent anything any more. Everything I do is to meet a law." In the early '60s it cost $1 million and took up to five years to bring a drug through the Federal Drug Administration's regulatory maze. It now costs $18 million and can take ten years. As a result, the number...
...Last week the 3M Co. introduced a lithograph printing plate that uses nonpolluting tap water instead of chemical developers to produce an image. General Motors' new zinc-nickel oxide battery pack-which can be completely recharged 300 times and will power a car for 100 miles-cost $33 million and took ten years to develop, but it has now opened up for the first time the possibility of a practical, mass-produced electric...
...preserve the species, Porsche hopes to develop a "superauto," which would have the same comfort and performance as the current models, but cost less. Other experts fear that the American requirements, plus the likelihood that European nations will be lowering speed limits to conserve energy, may cause insurmountable problems. Asks Giorgietto Giugiaro, Italy's top freelance car designer: "Is there any sense in buying a car whose prestige depends on its performance and the music of its engine, if these cannot be used after...
...distinguish soft tissues and organs and spot abnormalities by producing television images shaded according to the density of the tissue. Since then, widespread use of the scanner has drawn critics who argue that the machine's hefty price-up to $700,000 and more-drives up the cost of medical care at hospitals that could get by with cheaper methods. But the Nobel Committee declared: "No other method within X-ray diagnostics has led to such remarkable success in such a short time...