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Word: measurex (lookup in dictionary) (lookup stats)
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...manufacturing, the effects of computerization are easy to quantify. Take the computerized quality-control systems that the Measurex division of Honeywell Inc. sells to papermakers. The systems continuously measure such factors as the thickness of paper speeding through machines at up to 60 m.p.h. That enables operators to make adjustments that prevent breaks in the paper, avoiding shutdowns that can cost tens of thousands of dollars each. Rick Rowe, vice president of global operations for Honeywell-Measurex, claims that within 12 to 24 months, papermakers recover the $350,000 to $5 million they spend to buy the control systems...

Author: /time Magazine | Title: Quarterly Business Report: Do Computers Really Save Money? | 10/12/1998 | See Source »

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