The first supplies that get put into the cupboard are the first supplies to come out & be used. This rotational method is important to retailers as there are now expiration dates on various products.
First in first out is the accounting term used to describe the method to allocate values. The method assumes the inventory that arrived first was used first.
In Lifo method goods received in last are used first in production that is means by last in first out method.
the straight line method
The method is called First-In-First-Out (FIFO).
Following are inventory valuation methods: 1 - Lifo (Last in first out) 2 - Fifo (First in first out) 3 - Average method.
Aristotle
first declare and then call
Albert Einstein
they are fools
The first supplies that get put into the cupboard are the first supplies to come out & be used. This rotational method is important to retailers as there are now expiration dates on various products.
what method did earliest people use to cook food first? dry heat or moist heat
Robert Bacon
To know which numerical method to use for a problem one first needs to understand the various methods and evaluate the problems.
Wal-Mart uses the last-in/first-out method (LIFO).
Samuel Johnson
Samuel Johnson
Samuel Johnson