How did Wal-Mart integrate RFID technology into their SCM system?
What will be an ideal response?
Wal-Mart tried to force its suppliers to all use RFID technology, but because of the high cost, only a small percentage had adopted it by 2003. It has moved away from using the tags in distribution centers and now is using them more in stores to reduce out of stock situations and to drive sales promotions. It recently expanded the use of RFID tags from 100 to 1000 stores. Data is collected when any product moves in the store, including at the cash register. Suppliers can use the Web to check exactly where their products are. Some employees have been given handheld RFID readers to help them find products.
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Higher rates are charged for library services used by more affluent borrowers, such as DVD rentals, the pricing objective is called:
a. market size maximization b. market disincentivization c. social equity d. surplus maximization e. cost recovery
To manage cash flow, you should ________ and then subtract expenses you expect to incur
A) Project cash receipts B) Project net income C) Project gross sales D) Project gross receipts E) Project gross liabilities