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 ?
For example, the Minerals Council of Australia (2013) reported that FIFO has enabled workers from various parts of Australia, who previously lacked opportunities, to be part of the industry.
1 The global origins of FIFO and growth of FIFO in Australia
FIFO gross margin on net retail sales, which excludes the LIFO charge and pharmacy resale activity, increased to 33.
Direct supervisor employee engagement is advocated and practised, for example shift co-ordinators enable FIFO supervisors to spend time in the field with the staff on-site, rather than always sitting behind a desk.
Adjusted EBITDA by operating segment represents EBITDA by operating segment adjusted for (i) FIFO impacts (favorable) unfavorable; (ii) share-based compensation, non-cash; (iii) loss of extinguishment of debt; (iv) major scheduled turnaround expenses; (v) (gain) loss on derivatives, net; and (vi) current period settlements on derivative contracts.
We are pleased that Ikegami has selected our 72-Mb FIFO for their newest 3G-enabled camera control unit and base station, said Sunil Thamaran, senior business unit director for specialty memories at Cypress.
A survey of research on FIFO reveals some limitations.
In light of this shortcoming, this paper examines mining families' use of a website, Mining Family Matters, as a way to explore the emotional dimensions of FIFO work through a social constructionist lens.
The authors studied a database from COMPUSTAT of 175 FIFO firms and 48 LIFO firms with respect to the eight above-mentioned factors.
As early as 1919, the Treasury Department allowed taxpayers to use only FIFO and average cost.
Free user-side FIFO design examples are available for download in the respective product lounges for current 1 & 10 GMAC licensee customers.
Simply speaking, FIFO matches older expenses against current revenues, while LIFO matches more recent expenses against that same revenue.