A pharmaceutical company produces a very rare drug for cancer treatment but they
ID: 337905 • Letter: A
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A pharmaceutical company produces a very rare drug for cancer treatment but they have very limited resources for it & they will able to produce very less quantities so company wants to track each drug & its operations like (locations, user, shipping etc.) but with their current system they are not able to track it. So, management decide to allocate $25000 for upgrading their current tracking & product coding technology All the operation cost associated for manufacturing are given below. Now company is confused either to use RFID or Barcode or combined. They have options to use Active or passive RFID & barcodes. M1 M2 Labor Utilities Mat. Cost $ 2000/month $ 2000/month $2.00/box 2000/month $3.00/box Company can produce 600 box in 10 days &each; box contains 10 drugs & management want each drug to be monitored & they only want one reader for whole process. Type Active RFID Barcode Passive RFID Cost/each 1.5 0.5 Reader $2500 3000 $2500 Using the cost analysis identify which method they should implement. Consider the analysis for a 30 day time periodExplanation / Answer
A pharmaceutical company produces a very rare drug for cancer treatment but they have very limited resources for it & they will able to produce very less quantities so company wants to track each drug & its operations like (locations, user, shipping etc.) but with their current system they are not able to track it. So, management decide to allocate $25000 for upgrading their current tracking & product coding technology All the operation cost associated for manufacturing are given below. Now company is confused either to use RFID or Barcode or combined. They have options to use Active or passive RFID & barcodes. M1 M2 Labor Utilities Mat. Cost $ 2000/month $ 2000/month $2.00/box 2000/month $3.00/box Company can produce 600 box in 10 days &each; box contains 10 drugs & management want each drug to be monitored & they only want one reader for whole process. Type Active RFID Barcode Passive RFID Cost/each 1.5 0.5 Reader $2500 3000 $2500 Using the cost analysis identify which method they should implement. Consider the analysis for a 30 day time period
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