A pharmaceutical company produces a very rare drug for cancer treatment but they have very limited...

 

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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. Cost/each Reader Type Active RFID 1.5 $2500 $3000 $2500 Barcode Passive RFID 0.5 1 Using the cost analysis identify which method they should implement. Consider the analysis for a 30 day time period. 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. Cost/each Reader Type Active RFID 1.5 $2500 $3000 $2500 Barcode Passive RFID 0.5 1 Using the cost analysis identify which method they should implement. Consider the analysis for a 30 day time period.

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