first in, first out

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13:06 Aug 12, 2009
English to Danish translations [PRO]
Bus/Financial - Retail
Additional field(s): Accounting
English term or phrase: first in, first out
Definition from About.com: Retailing:
A method of stock rotation in which goods that are received first are sold first. Newly received product is stocked behind the older merchandise.

Example sentence(s):
  • Raw materials and ingredients should be stored and handled under suitable conditions to prevent spoilage, contamination and damage. Stocks of raw materials and ingredients should be properly rotated to ensure that the first-in-first-out principle is followed. Hong Kong FEHD
  • Follow rotational policies closely. Seafood always should be handled on a 'first in, first out' basis. This is particularly critical for fresh seafood because of shorter shelf life, but it also should be applied to frozen product display cases. Alaska Seafood Marketing Institute
  • Sell the earliest deliveries first - a frequent delivery service from one distributor will help to maintain the first in - first out arrangement. FAO CORPORATE DOCUMENT REPOSITORY
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Summary of translations provided
4FIFO (eller "først ind, først ud")
Mette Melchior


  

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FIFO (eller "først ind, først ud")


Definition from Dansk Aktionærforening:
FIFO (First In First Out/Først Ind Først Ud) er et lagervurderingsprincip, der fastsætter værdien af et lager ud fra et princip om, at de først købte varer er de først solgte, hvorfor værdien er værdien af de nyeste varers anskaffelsespris.

Example sentence(s):
  • FIFO-metoden hviler på den antagelse, at varerne forlader lageret i den rækkefælge, hvori de er indkøbt og dermed indgået på varelageret. - Ringkjøbing Handelsskole & Handelsgymna  
  • Tilknytningen sker tildels efter FIFO princippet, blot er det ikke nødvendigvis de varer, der kommer på lager først, der bruges først, men i stedet er det de varer der udløber først, der bruges først. - DANPOT  
  • De ældste lægemidler bør sælges først (først ind først ud – princippet). - Lægemiddelstyrelsen  

Explanation:
På dansk bruges både betegnelsen FIFO (forkortelse for det engelske First In, First Out) og "først ind, først ud" (samt forkortelsen "FIFU", der svarer til den danske oversættelse).
Mette Melchior
Sweden
Local time: 23:02
Native speaker of: Native in DanishDanish
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