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LIFO in Logistics Meaning

The LIFO meaning in Logistics terms is "Last In, First Out". There are 2 related meanings of the LIFO Logistics abbreviation.

LIFO on Logistics Full Forms

  1. Last In, First Out A method of determining the cost of inventory used in a product. In this method, the costs of material are transferred to the product in reverse chronological order. LIFO is used to describe the movement of goods.
  2. Last In/First Ouw

Frequently Asked Questions (FAQ)

  1. What does LIFO stand for Logistics?

    LIFO stands for Last In, First Out in Logistics terms.

  2. What is the shortened form of Last In, First Out in Logistics?

    The short form of "Last In, First Out" is LIFO for Logistics.

Citation

LIFO in Logistics. Acronym24.com. (2022, April 3). Retrieved November 22, 2024 from https://acronym24.com/lifo-meaning-in-logistics/

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