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Q: Rotating stock from oldest to first is referred to as what?
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What if your supervisor tells you to rotate the stock What does she want you to do?

Rotating stock is to sell the oldest stock first. You typically bring the older merchandise to the front and put the new stuff in behind.


What does'first in first'out means?

First in First Out, also abreviated as FIFO is a process for rotating stock. The first products in, meaning the oldest, are the first ones to be used. This method is used primaraly in the food industry to keep food from spoiling before it is used.


Which is Asia's oldest stock exchange?

The oldest stock exchange in Asia is the Bombay Stock Exchange. It was first established in 1875 as The Native Share & Stock Brokers Association.


What is the oldest stock company in the stock market?

Unknown. The world's first stock exchange was built in Antwerp in 1531.


What is an idividual portion of stock referred as?

An individual portion of stock is referred to as a share.


What is the purpose of the stock rotation system?

Stock is rotated to ensure the oldest stock is used first. This ensures that the smallest amount of food spoils as possible, which could be the case if you failed to rotate the stock and used new stock before old. In McDonald's the acronym to remember this is "FIFO" for "First In, First Out."


What is an informal name for the London Stock Exchange?

The London Stock Exchange is typically referred to by the name London Stock Exchange, and sometimes is referred to as the LSE.


The current oldest tube stock in the whole of the London Underground?

The Central line is the current oldest tube stock in the whole of the London Underground.


Which is the world's oldest stock exchange?

Bombay


Which is the Oldest stock exchange of Asia?

bse


What is the meaning of FIFO and LIFO in cooking?

FIFO is "first in, first out", (used basically for rotating stock) but could also be applied to other aspects of cooking. LIFO would be "last in, first out".


What is a round cylindrical piece of stock?

It is typically referred to as "round bar stock".