Today I share with you the FIFO definition, which is a key concept of Six Sigma. To learn more about what is FIFO, continue on!
What is FIFO?
Abbreviation for First in, first out. Characterized as a line in which the principal thing coming into the line is dealt with to begin with, the following one coming in is taken care of second, and the last one to touch base in the line is dealt with last.
Other terms include:
- LIFO stands for Last in, first out
- FILO stands for First in, Last out