MANAGEMENT INFORMATION SYSTEMS LOOSELEAF
MANAGEMENT INFORMATION SYSTEMS LOOSELEAF
16th Edition
ISBN: 9780135205518
Author: LAUDON
Publisher: PEARSON
Question
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Chapter 7, Problem 8HMP
Program Plan Intro

 Radio Frequency Identification (RFID):

  • RFID is a mobile wireless technology that is used to facilitate supply chain management.
  • Movement of data is tracked by RFID. It captures and provide instant goods movement information between the supply chain partners.

Explanation of Solution

 Factors to be considered:

 Some of the factors to be considered for the identification of the costs of RFID technology are as follows:

  • RFID labels
  • Meeting RFID tagging requirement
  • Size of company
  • Installation and maintenance

 RFID labels:

  • Depending on the size and function of the labels, the RFID label price varies.
  • The company wants to find out what RFID labels are the best to use.

 Meeting RFID tagging requirement:

  • The company has to research the RFID tagging requirements in order to ensure that the system is being used correctly.
  • Based on the equipment purchased by the customers, the valuation will be made and also ensure that the system is working correctly...

Explanation of Solution

 Key decisions:

 The following key decisions are used to identity whether the company should adopt the technology:

  • Cost to implement and maintain
  • Cost of all the equipment and software
  • Profitability

 Cost to implement and maintain:

  • The hiring professional is included in this decision which is used to install and properly test the equipment to ensure full functionality of the RFID system.
  • Once the company purchases all the necessary technology, it needs to figure out the costs to install and maintain.
  • The company also needs to train the employees to use the system, which will take time and money...

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