FIFO stands for First In, First Out. How is it applied in stock management?

FIFO stands for First In, First Out. How is it applied in stock management?

• A. First In, First Out; rotate stock to use oldest items first.
• B. Fast Increase, Fresh Output; reorder shelves weekly.
• C. Free Inventory, Fast Operation; reduce spoilage by rapid turnover.
• D. Frequent Inquiries, Frequent Observations; monitor stock levels.

Answer: (A)