Data-processor requirements in production and inventory control

Automatic data processing, as performed by punch card machines, has been an important tool in the business world for many years. In the field of accounting and statistical data collection, it would probably be impossible to conduct business effectively, without the use of such machines. During the last few years it has been increasingly recognized that new electronic computers, through their superior performance, will surpass in efficiency the current punch card machines. A number of firms are in the process of introducing electronic computers in their business operations, and an even larger number of organizations are making plans for the application of large-scale electronic computers.