EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
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Chapter 4, Problem 2CQD
Summary Introduction
Interpretation : Consequences of the economic payback for this year for the adoption of the RFID technology.
Introduction:
Radio-Frequency Identification (RFID) technology is the advanced version of the Bar codes. RFID is nothing but the small tiny chip that can be installed on the credit cards, shipping containers, live stocks, passports, and even individuals. The RFID technology is faster than the bar codes and it cost 20-100 times more than the bar codes technology.
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