| 单词 | first in, first out |
| 释义 | first in, first out first in, first out phrase
1 (Production ) (abbr FIFO) a method of stock control in which the first goods or raw materials bought or produced are the first ones used or sold
2 (Accounting ) (abbr FIFO) a method of valuing supplies of goods or units of raw materials based on the idea that the first goods bought or produced are the first ones used or sold. The value of goods left at the end of the year is based on the most recent prices.
3 (HR ) used, for example in a situation when people are losing their jobs, to say that the first people to be employed will be the first to go
4 (IT ) used to describe a system where the data that is received first is the first to be processed
LAST IN, FIRST OUT |
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