first in and first out

简明释义

先进先出

英英释义

A method of inventory management where the oldest stock (the first items added) is sold or used first.

一种库存管理方法,其中最旧的库存(最早添加的项目)优先出售或使用。

In accounting, a technique used to value inventory and determine cost of goods sold by assuming that the first items purchased are the first ones to be sold.

在会计中,一种用于评估库存和确定销售成本的技术,假设最早购买的商品是最先出售的。

例句

1.The restaurant follows a first in and first out policy to minimize food waste.

这家餐厅遵循先进先出的政策,以尽量减少食物浪费。

2.The bank uses a first in and first out system for processing customer requests.

银行采用先进先出系统来处理客户请求。

3.During the event planning, we applied the first in and first out strategy for seating arrangements.

在活动策划中,我们对座位安排应用了先进先出策略。

4.When it comes to data processing, the first in and first out principle helps manage tasks efficiently.

在数据处理方面,先进先出原则有助于高效管理任务。

5.In inventory management, we use the first in and first out method to ensure older stock is sold before newer stock.

在库存管理中,我们使用先进先出的方法以确保旧库存在新库存之前被销售。

作文

In the world of inventory management and accounting, the concept of first in and first out (FIFO) plays a crucial role in ensuring that businesses operate efficiently. This method is primarily used to manage stock in warehouses and retail environments, where it is essential to monitor the flow of goods. The principle behind first in and first out is straightforward: the items that are received first are the ones that should be sold or used first. This approach helps in minimizing waste, especially for perishable goods, and ensures that older stock does not linger on shelves for too long.For instance, consider a grocery store that sells fresh produce. If the store receives a shipment of apples on Monday and another on Wednesday, the first in and first out method dictates that the apples from Monday should be sold before those from Wednesday. By adhering to this principle, the store can reduce the risk of spoilage and maintain high-quality products for its customers. This not only enhances customer satisfaction but also boosts the store's reputation for providing fresh goods.Moreover, the first in and first out method is not limited to physical goods; it can also be applied in various fields such as finance and data processing. In finance, for example, when selling shares of stock, the first in and first out method can determine which shares are sold first based on the order in which they were purchased. This is particularly important for calculating capital gains taxes, as different shares may have different purchase prices.In addition to its practical applications, understanding the first in and first out method also aids in developing critical thinking skills. It encourages individuals to think about the implications of their decisions and how they affect overall operations. For students studying business or logistics, grasping this concept is fundamental to their education and future careers.Furthermore, the first in and first out approach emphasizes the importance of organization and efficiency within a business. Companies that implement this system often find that they can streamline their operations, reduce costs, and improve their bottom line. By ensuring that inventory is rotated properly, businesses can avoid overstocking and understocking, both of which can lead to financial losses.In conclusion, the first in and first out principle is an essential concept in inventory management and beyond. Its application can lead to improved efficiency, reduced waste, and enhanced customer satisfaction. Whether in a grocery store, a warehouse, or a financial setting, understanding and implementing the first in and first out method can significantly impact a business's success. As we move forward in an increasingly complex economic landscape, mastering such principles will be vital for future professionals who aim to thrive in their respective fields.

在库存管理和会计的世界中,先进先出(FIFO)的概念在确保企业高效运营方面发挥着至关重要的作用。这种方法主要用于管理仓库和零售环境中的库存,在这些地方,监控商品流动至关重要。先进先出背后的原则很简单:首先收到的物品应首先销售或使用。这种方法有助于减少浪费,尤其是对于易腐烂的商品,并确保旧库存不会在货架上停留太久。例如,考虑一家出售新鲜农产品的杂货店。如果商店在周一收到一批苹果,并在周三又收到一批,那么先进先出的方法规定,周一的苹果应在周三的苹果之前销售。通过遵循这一原则,商店可以降低腐烂的风险,并为顾客提供高质量的产品。这不仅提高了顾客满意度,还提升了商店提供新鲜商品的声誉。此外,先进先出方法不仅限于实物商品;它还可以应用于金融和数据处理等多个领域。例如,在金融领域,当出售股票时,先进先出方法可以根据购买顺序确定首先出售哪些股票。这对于计算资本利得税尤为重要,因为不同的股票可能有不同的购买价格。除了其实际应用外,理解先进先出方法还有助于培养批判性思维能力。它鼓励个人思考他们的决策及其对整体运营的影响。对于学习商业或物流的学生来说,掌握这一概念是他们教育和未来职业生涯的基础。此外,先进先出方法强调了企业内组织和效率的重要性。实施这一系统的公司往往发现,他们可以简化运营,降低成本,并改善利润。通过确保库存得到合理轮换,企业可以避免过剩和短缺,这两者都可能导致财务损失。总之,先进先出原则是库存管理及其他领域的重要概念。其应用可以带来更高的效率、减少浪费和提升顾客满意度。无论是在杂货店、仓库还是金融环境中,理解并实施先进先出方法都能对企业的成功产生重大影响。随着我们在日益复杂的经济环境中前行,掌握这样的原则对于未来希望在各自领域中蓬勃发展的专业人士来说将至关重要。

相关单词

and

and详解:怎么读、什么意思、用法