FIFO in Management Meaning
The FIFO meaning in Management terms is "First In, First Out". There are 1 related meanings of the FIFO Management abbreviation.
FIFO on Management Full Forms
- First In, First Out A method of determining the cost of inventory used in a product. In this method, the costs of materials are transferred to the product in chronological order. Also used to describe the movement of materials.
Frequently Asked Questions (FAQ)
What does FIFO stand for Management?
FIFO stands for First In, First Out in Management terms.
What is the shortened form of First In, First Out in Management?
The short form of "First In, First Out" is FIFO for Management.
Citation
FIFO in Management. Acronym24.com. (2021, December 14). Retrieved December 23, 2024 from https://acronym24.com/fifo-meaning-in-management/
Last updated