The IBM 305 RAMAC was the first commercial computer that used a moving-head hard disk drive (magnetic disk storage) for secondary storage. The system was publicly announced on September 14, 1956, with test units already installed at the U.S. Navy and at private corporations. RAMAC stood for "Random Access Method of Accounting and Control", as its design was motivated by the need for real-time accounting in business. History The first RAMAC to be used in the U.S. auto industry was installed at Chrysler's MOPAR Division in 1957. It replaced a huge tub file which was part of MOPAR's parts inventory control and order processing system. During the 1960 Olympic Winter Games in Squaw Valley (USA), IBM provided the first electronic data processing systems for the Games. The system featured an IBM RAMAC 305 computer, punched card data collection, and a central printing facility. More than 1,000 systems were built. Production ended in 1961; the RAMAC computer became obsolete in 1962 when the IBM 1405 Disk Storage Unit for the IBM 1401 was introduced, and the 305 was withdrawn in 1969. Overview The first hard disk unit was shipped September 13, 1956. The additional components of the computer were a card punch, a central processing unit, a power supply unit, an operator's console/card reader unit, and a printer. There was also a manual inquiry station that allowed direct access to stored records. IBM touted the system as being able to store the equivalent of 64,000 punched cards. The 305 was one of the last vacuum tube computers that IBM built. It weighed over a ton. The IBM 350 disk system stored 5 million alphanumeric characters recorded as six data bits, one parity bit and one space bit for eight bits recorded per character. It had fifty disks. Two independent access arms moved up and down to select a disk, and in and out to select a recording track, all under servo control. Average time to locate a single record was 600 milliseconds. Several improved models were added in the 1950s. The IBM RAMAC 305 system with 350 disk storage leased for US$3,200 () per month. The original 305 RAMAC computer system could be housed in a room of about 9 m (30 ft) by 15 m (50 ft); the 350 disk storage unit measured around . Currie Munce, research vice president for Hitachi Global Storage Technologies (which has acquired IBM's hard