Take the following as truth: To begin with, the adoption of bar codes came before rapid replenishment arrangements because retailers required a low-cost means of collecting information at the detailed product level for their own use'that is, they first developed an efficient method for scanning prices at the check-out register and tracking products for internal inventory purposes.
Then the following statement: "Bar codes are a low cost means of representing and collecting retailers' information." is true, false, or inconclusive?
Answer: True