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An economical electronic
point-of-sale updating system
by DAVID G. HAMMEL
Raytheon Company
Bedford, Massachusetts
INTRODUCTION
A major trend in the business world is toward more
complete record keeping of business performance. The
demands of government (federal, state and municipal)
are ever increasing for purposes of tax evaluations. In
addition, business executives are interested in obtaining
more complete information, within the shortest delay
period, pertaining to their company's financial operations.
For the past half century one of the basic tools used
in businesses to record transaction data is the cash
register. Throughout these years, the cash register has
kept pace with the times, offering improved features to
meet the business demands. However, this mechanical
device has serious inherent limitations in its totalling
and counting capabilities and its means of communicating
with data processing systems.
To meet the increasing demands of business,......

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Approximate Word Count: 3838
Approximate Pages: 16 (250 words per double-spaced page)

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