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Capturing Information Directly from the Source Through Such Systems as Point-Of-Sale

question 51

True/False

Capturing information directly from the source through such systems as point-of-sale, radio-frequency identification tags, bar-code scanners, and automatic recognition has had little impact on Operations and Supply Chain Management.


Definitions:

Investment Decisions

The process of deciding where to allocate resources in order to generate the highest possible returns.

Capital Gain

The increase in the value of a capital asset that gives it a higher worth than the purchase price.

Straight Line Depreciation

A strategy for dividing the cost of a material asset into equal yearly portions throughout its estimated useful duration.

Salvage Value

The estimated residual value of an asset after its useful life has ended.

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