The Three Methods of Tracing Products Through a Distribution System

question 114

Multiple Choice

The three methods of tracing products through a distribution system are paper records, bar codes, and radio frequency identification tags. Which of the following statements about the tracing of products is true?

• A)RFID tags need direct line-of-sight scanning.
• B)Bar codes would be the easiest and most economical method to use.
• C)Until technological improvements are made, paper records are the best way to trace recalled products.
• D)RFID tags are most efficient because they can be read by a radio that has been tuned to a specific frequency.
• E)Bar codes are the most efficient because they make use of optical character recognition.

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Definitions:

Frictional Unemployment

Short-term unemployment that occurs when people are between jobs or entering the workforce for the first time, often seen as a natural part of a healthy economy.

Unemployment Spells

Periods during which an individual is without work but is available for and seeking employment.

Unemployed Person

An individual who is capable of working, actively seeking work, but unable to find a job.

U-3 Measure

A specific unemployment rate measure that counts the number of unemployed individuals who are actively seeking employment as a percentage of the labor force.