Test 2

Chapter 5 & 6

Question 1

Most of the companies now using electronic data interchange to do business information. Using direct materials can communicate directly to each other for purchasing product. Direct materials are those materials which are easily too identified, conveniently measured and directly charged to the cost of production. It is also part of the finished product. Examples of direct materials are cotton in case of shirt making. Cotton made of different suppliers. They made cotton for making shirt, pants and all about factory of outlets.

Indirect materials are those materials which cannot be conveniently identified and allocated to the cost centre or cost unit. It does also not form part of the finished product. Examples of indirect materials are bottom in case of shirts making. Shirts making are different from making cotton. Most of shirt making is from factory outlets, which is produces fabrics wear.

Question 2

The reasons a buyer might have for wanting to participate in an industry consortium marketplace instead of setting up its own private company marketplace is because to attract customer to buy a things that related products between both companies. Both of the companies are set strategies for make an attraction about the products which is related. They also think about the budget reducing and share all the profit, rent, transportation, places and customers. They also sharing a products briefing to increase a good management issues and make customers interested to the products. They can make less recruitment of workers to save up budget and no need to have a big place for open a shop. This all of the reasons are one of the strategies, business technique and cooperation that makes a profit for both of them. These business techniques are useable for joint venture businesses association. 

 

Question 3

RFID technology was first used in World War II to differentiate between friendly and enemy aircraft. Over the years this technology has evolved and been applied to animal tracking and identification, speed pass lanes on toll roads, building security access, and for electronic payment processing at gas stations. The basic components of any RFID system include:

• Tags—Also called transponders, these can be either active with their own means of sending a signal, or passive, relying upon the tag reader to provide the power necessary to generate the response signal. The signal could be a simple identification number stored in a read-only tag or a complex data stream that includes additional data stored within the tag's memory. These more complex tags could contain such data items as manufacture date, lot number, serial number, or even built-in sensors to track average storage temperatures or other data.

• Readers—also called interrogators, come in various configurations depending on the location, environment, and scanning area coverage required. A reader is used to identify all tags within its reception coverage area. Readers require some intelligence for aggregating and smoothing the tag data.

 Conclusion

Radio frequency identification device technology is one of the high technology were used to track things that useful for every industries. For example in the old days, in World War II were been used to detect something differentiate between enemies and friend aircraft signal sign. This technology can also tracking and identify all the electronic data which been used by others industries. They also can track speeding limits, security accesses, transaction processing system and all the electronic devices that have been used for the modern technologies. Most of the automation and the accuracy using radio frequency identification device are very highly accurate.