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Definition 2024
first_in_first_out
first in first out
English
Alternative forms
- first-in-first-out; first-in first-out; first in, first out; first-in, first-out
Noun
first in first out (uncountable)
- (accounting) A method of inventory accounting that values items withdrawn from inventory at the cost of the oldest item assumed to remain in inventory.
- (operations) A policy of serving first what has arrived for service first.
Translations
method and policy
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