COST ACCOUNTING
INVENTORY AND PRODUCTION MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Point of sale software
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Manual tag system
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Unit control system
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RFID system
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Detailed explanation-1: -An RFID system involves the placement of RFID tags on items that emit signals to the reader which are then processed by an application, generating real-time results for stock taking, inventory levels, transactions or individual customer purchase order history.
Detailed explanation-2: -Radio Frequency Identification (RFID) is a technology that uses radio waves to passively identify a tagged object. It is used in several commercial and industrial applications, from tracking items along a supply chain to keeping track of items checked out of a library.
Detailed explanation-3: -Passive RFID Tags The tag then transmits a coded message back to the reader at a different frequency. Passive RFID technology is often used for inventory tracking and to deter theft.