Definitions
There is 1 meaning of the phrase
First In First Out.
First In First Out - as a noun
Inventory accounting in which the oldest items (those first acquired) are assumed to be the first sold
Synonyms (Exact Relations)
fifoExample Sentences
"The first in first out strategy ensures that the oldest items are processed before the newer ones."
"In a first in first out system, the items are served in the order they were received."
"This warehouse operates on a first in first out basis to ensure inventory rotation."
"The first in first out rule applies to queueing theory to determine the order of service."
"In a first in first out inventory management system, the items with the earliest expiration dates are sold first."
