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FIFO
(redirected from FIFO queuing)

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

An abbreviation for first-in, first-out, a method employed in accounting for the identification and valuation of the inventory of a business.

FIFO assumes that the first goods purchased are the first sold. As a consequence, the items that remain in the inventory at the end of the year are assumed to be those purchased last.

Cross-references

LIFO.



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As in the last section, the simulations are based on a RTGS system with a FIFO queuing function where a gridlock mechanism attempts to achieve netting effects between participants.
Early schemes included FIFO queuing and routing based on trunk groups, followed by intelligent call routing based on network data such as DNIS and touchtone input, and later database information.
Business Editors MIAMI--(BUSINESS WIRE)--April 1, 2003 All American (Nasdaq:SEMI) and High Bandwidth Access (HBA), a developer of advanced FIFO queuing and memory devices for high capacity broadband networks, today announced their national distribution agreement.
 
 
 
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