A Benefit of Using Radio Frequency Identification (RFID) Instead of Bar

question 402

Multiple Choice

A benefit of using radio frequency identification (RFID) instead of bar coding would be:

• A) lower cost
• B) decreased cycle count requirements
• C) the ability to read multiple items
• D) the ability to locate an individual item in a warehouse

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Definitions:

Domestic Producers

Enterprises and individuals within a country that produce goods and services.

International Trade

Involves the exchange of goods and services across national borders.

World Price

The international market price of a good or service, influenced by global supply and demand conditions.

Quantity Supplied

The total amount of a good or service that producers are willing and able to sell at a given price in a given time period.