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Word: opm (lookup in dictionary) (lookup stats)
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...some cases, tightness of materials may be as much a matter of maldistribution as of actual shortage. Bald, earnest Stacy May, chief OPM statistician, has tried for months to get permission from his bosses (notably Production Chief John Biggers) to make his own survey of manufacturers' requirements and inventories. Only with such information could OPM work out a rational allocation of tight materials. So far May has not succeeded, and OPM is ignorant...

Author: /time Magazine | Title: AUTOS: Guesswork | 8/18/1941 | See Source »

...Inventory accumulation beyond current needs is prohibited. OPM's ignorance of where there are excess supplies (see below) will at long last be corrected...

Author: /time Magazine | Title: At Last | 8/18/1941 | See Source »

...break into the closed circle of normal business relationships (where longstanding "connections" hold the whip hand) OPM may "require" a steel customer to place his order with "a particular producer...

Author: /time Magazine | Title: At Last | 8/18/1941 | See Source »

Nobody could say whether the rumor was true or not. Reason: OPM's ignorance (complicated by constant upward revisions of the Army's and Lend-Lease's estimates of their requirements) of how bad materials shortages really are. Despite its 2,124 paid employes, its 500 $1-a-year-men, its access to the books of all U.S. corporations, OPM still relies mostly on trade papers to tell it where materials are, how much is available, how much needed...

Author: /time Magazine | Title: AUTOS: Guesswork | 8/18/1941 | See Source »

...automobiles rumor cropped up after OPM suddenly discovered the newest and worst shortage: copper (which went under full priority control last fortnight). One Government estimate of this month's copper situation: supply, 110,000 tons; defense requirements, 80,000 tons; essential non-defense needs, 45,000 tons. This means a 15,000-ton shortage even for essential requirements, not a single pound to spare for civilian uses such as the auto industry (which normally uses 110,000 tons a year for radiators, ignition equipment, etc.). Other short auto materials include cast iron (for engine blocks) and steel, which also...

Author: /time Magazine | Title: AUTOS: Guesswork | 8/18/1941 | See Source »

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