FIFO


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FIFO

[′fī‚fō]
(industrial engineering)

FIFO

FIFO

(First In First Out) A storage method that retrieves the item stored for the longest time. Also called "LILO" (Last In Last Out). Contrast with LIFO. See traffic engineering methods.
References in periodicals archive ?
Therefore, a comparison of the spousal resources provided to, potentially, one of the longest uses of work-related absences could be beneficial in understanding the kinds of support adopted by the Australian Defence Force and how these may measure up to practices in other areas, particularly in the resources sector and FIFO workforces.
There is a small but growing body of literature that investigates various aspects of resources sector and the FIFO phenomenon including special editions of the journals, Rural Society 22(2) 2013, Australian Geographer 44(3), 2013 and Australian Bulletin of Labour 40(2) 2014 (Rainnie, Michelson, Goods, & Burgess, 2014).
In this respect, as is evident in the data presented below, the Mining Families Matter website and its chat forums naturalise a select range of fundamentally gendered emotional responses to FIFO working arrangements.
The FIFO method assumes that the oldest goods are sold first and that the most recently purchased goods are in the ending inventory.
The second limitation of FIFO is a balance sheet inventory description based on historical costs, not the wholesale value at the balance sheet date.
There are a wealth of reasons for a company to choose FIFO or LIFO to value its inventory and measure its costs.
In order to test the sensitivity of our result to the link model used, we go further and investigate the fault span with two other common link models: reliable FIFO and reliable non-FIFO.
But when urgent components are inevitable, the FIFO rule does well irrespective of the type of priority assigned to components (Tables II and III).
The percentage method means that the cooperative retires a portion of the total capital credits allocated in one or more years, typically sooner than under the FIFO method.
The HD FIFO solution also provides user-selectable memory organization and can be configured as a x9, x12, x16, x18, x20, x24, x32 or x36 device, providing designers flexibility to choose optimal depth and width.
The research is in response to recommendations from the Education and Health Standing Committee on FIFO mental health and concerns raised by families.
We stress that our focus is on FIFO, not on the related question of work and employment in the resources sector, or on the broader impact of the resources sector on the regions and communities where it is located.