FIFO


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FIFO

phr. first in, first out; the first items placed in the stack are the first items to be retrieved. (see also GIGO, LIFO.) Oh, I thought this thing was FIFO, and I put the stuff in the wrong order.
References in periodicals archive ?
Similarly, the HRSCRA (2013) report emphasises the labour shortages in the resource sector and acknowledges that FIFO workforce practices go a long way towards providing labour, but the market is becoming increasingly firmer.
Consequently, FIFO workers were asked to indicate with whom they would like to have more (or less) contact while on-roster and while off-roster.
This was evident in the heavy investment in new facilities on-site, the organisation of flights directly from regional centres to work sites which allowed FIFO workers and their families to stay in their homes, and provided important income for the rural economies and a workplace culture where safety and well-being are 'front of mind', especially for remote workers.
Busselton is an emerging FIFO hub town south of Perth and around two thousand kilometres from the major resource worksites.
However, it appears the majority of posters were female, and either living with or married to a man employed in a FIFO working arrangement.
The FIFO method assumes that the oldest goods are sold first and that the most recently purchased goods are in the ending inventory.
In effect, replacement value accounting overcomes the first flaw of FIFO by dissecting the difference between the selling price and the original cost into its two components--marketing income and holding gains.
In a world of rising prices, FIFO produces a lower cost of goods sold or cost of sales and a lower inventory valuation.
Systems with little or no growth or member turnover may be able to continue to use FIFO because most members will have received service for long periods of time and will remain as active members when they receive their FIFO retirement check.
No FIFO ordering rule may be implied in the bargain sale rules.
The HD FIFO is an advanced buffering alternative to standard synchronous DRAM memories used in combination with large FPGAs.
Refining margin per crude oil throughput barrel adjusted for FIFO impact is a measurement calculated as the difference between net sales and cost of product sold (exclusive of depreciation and amortization) adjusted for FIFO impacts.
Patrick de Castelbajac, ATR Chief Executive Officer said: We are glad to be associated with TransNusa's success in the FIFO transport support sector.
We argue that FIFO represents the third wave in a series of spatial fixes, whereby resource companies mining in far north Western Australia sought to manage relationships between themselves, their workforces, and the communities in which these workers live.
shot) FIFO A injection unit is capable of more than 42,000 psi (or 2,850 bar) injection pressure designed elastomers with demanding processing requirements.