The Primary Use of Radio Frequency Identification (RFID)in Supply Chain

question 103

True/False

The primary use of radio frequency identification (RFID)in supply chain management is to track the location of delivery trucks.

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Definitions:

Cash Discounts

Reductions in price given to a customer for prompt payment of their bill.

Invoice

A document issued by a seller to a buyer that specifies the products or services sold, quantities, and agreed prices for products or services provided.

Interest Days

The total number of days over which interest is calculated on a loan or investment.

Interest-Bearing Note

A note that has a maturity value greater than its face value.