Industry and world news.

The article presents information on various developments in the computer industry. The United States trade surplus in computers and business equipment in the first six months of 1982 was $3.4 billion. Lower exports to major world trade areas, coupled with higher imports, reduced the surplus to five percent below the 1981 figure of $3.6 billion. The Institute of Management Sciences and TIMS College on the Practice of Management Science announce the 12th Annual International Prize Competition for the TIMS Award for Management Science Achievement. The Competition will be held in Chicago in conjunction with the TIMS/ORSA National Meeting on April 24, 1983. The cash award for the winning work will be $6,000. Cash awards in lesser amounts may be awarded to all finalists. The primary intent of the Competition is to recognize outstanding examples of management science practice. The prize is awarded not for a presented paper but for the implemented work described in the paper. To be eligible, entries must report a completed, practical application and must present results that have had a significant, verifiable, and preferably quantifiable impact on the performance of the organization under study.