Word: inputs
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Government takes a business census only once every five years; Congress keeps federal statisticians too starved for funds to make it more often. In a rapidly changing economy, five years is just too long for exact tracking. Important in the current revision are better statistics supplied by the new input-output study of what various industries sell to each other (TIME, Nov. 20) and fresh concepts of what should be included in the gross national product. The $1.2 billion a year paid in real estate commissions, for example, was reclassified from a current expense to a capital outlay, thus increasing...
...compelling fascination with the unhuman condition and his gift for rendering machines as covers. To complement his study of the care and feeding of a computer at work, the cover slash depicts a segment of five-channel, punched paper tape used to get man's message (known as "input" in the new vocabulary) into the machine. The story throws new light on how pervasive the computer is becoming in our society, but it also makes clear that it is a new breed of technician-human-who gives the machine its logic...
...computer receives its information, called input, from magnetic disks, magnetic tapes, punched cards or typewriter-like keyboards that feed the memory unit. Each fact is first translated into binary language, a system using two as a base instead of ten as in the decimal system, and then fed into the computer. Once it has received a given fact, the computer relays it to its memory unit via electronic impulses that "store" the numerically defined fact in several metal rings...
...better insight into who are his customers' customers (a notoriously foggy order) and show him where he is missing markets in which his competitors are selling. It enables a paint company, for example, to figure out its sales drop on a $3 billion defense cut in missiles and aircraft. Input-output shows that the aerospace industry uses 0.2450 of paint industry materials for every $1 of sales, and that a $3 billion drop in orders would thus mean a loss of $7,300,000 in sales to the industry. Knowing that it had 10% of the market, a paint firm...
...input-output tables are the brainchild of Harvard Professor Wassily W. Leontief, whose work persuaded the Government to begin the preparation of such tables in the late 1940s. Fearing that the system would prove a wedge for Government regulation of the entire economy, a group of businessmen led by General Motors Economist Stephen DuBrul in 1953 persuaded Defense Secretary Charles ("Engine Charlie") Wilson to halt work on it. But the work got under way again in 1959 after Professor Raymond Goldsmith of Yale urged the Government to push ahead, and business fears of the tables have turned to open-armed...