Two Systems Being Developed to Replace Bar Codes Are QR

question 29

True/False

Two systems being developed to replace bar codes are QR codes and RFID systems.

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Definitions:

Inventory Management

Involves the overseeing and controlling of the ordering, storage, and use of a company's inventory, which includes raw materials, components, and finished products.

Sales Forecasts

An estimation of the revenue a company expects to achieve in a future period based on historical data, market analysis, and other factors.

Distribution Operations

The processes involved in making a product or service available for use or consumption by a consumer or business user, including logistics, warehousing, and delivery.

One-Size-Fits-All

A product or solution designed to accommodate or be suitable for a broad range of tastes, preferences, or needs.