$1.$ What potential benefits and risks do RFID tags have for inventory management?

$2.$ Describe briefly the A$-$B$-$C approach to inventory control.

$3.$ What trade$-$offs are involved in each of these aspects of inventory management?

a$.$ Buying additional amounts to take advantage of quantity discounts.

b$.$ Treating holding cost as a percentage of unit price instead of as a constant amount.

c$.$ Conducting cycle counts once a quarter instead of once a year.

$4.$ Give two examples of unethical conduct involving inventory management and the ethical principle each one violates.

$5.$ What are the requirements for effective inventory management?