ENTREPRENEURIAL OPERATIONS
INVENTORY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An inventory control system that uses computer chips attached to inventory items to track inventory is:
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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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Explanation:
Detailed explanation-1: -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-2: -In its simplest form, RFID asset tracking is a way of automating the management and locating process of physical assets. It works by loading an RFID tag with data and attaching it to a relevant asset. This data can include anything from name, condition, amount, and location.
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