What Is an Advantage of Using RFID Over Traditional Bar

question 14

Multiple Choice

What is an advantage of using RFID over traditional bar codes?

• A) RFID holds more data stored on the device
• B) RFID cannot acquire data in harsh environments without a visual line of sight
• C) RFID technology is inexpensive
• D) RFID eliminates the bullwhip effect
• E) RFID makes tagging and pricing at DCs unnecessary

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Definitions:

Contribution Margin Ratio

The ratio of contribution margin to sales revenue, used to measure the profitability and efficiency of a product or service.

Margin Of Safety

The difference between the actual or expected profitability of a project and the break-even point. It is a cushion against uncertainty.

Net Operating Income

The profit generated from a company's everyday operations, calculated by subtracting operating expenses from operating income.

Contribution Margin

The difference between sales revenue and variable costs of a product or service, indicating the amount contributing to covering fixed costs and generating profit.