first in first out love

first in first out


from Wiktionary, Creative Commons Attribution/Share-Alike License.

  • noun accounting A method of inventory accounting that values items withdrawn from inventory at the cost of the oldest item assumed to remain in inventory.
  • noun operations A policy of serving first what has arrived for service first.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • noun inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold


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