These data are typically stored in a FIFO (first in, first out ... These efforts have taken place within the framework provided by the Electric Power Research Institute’s (EPRI’s) UCA. • Merger of UCA ...

While LIFO is an acronym for last-in, first-out, FIFO stands for first-in, first-out. The LIFO method is based on the idea that the most recent products in your inventory will be sold first.

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