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last in first out

 

Definitions from WordNet

Noun last in first out has 1 sense
  1. last in first out, LIFO - inventory accounting in which the most recently acquired items are assumed to be the first sold
    --1 is a kind of inventory accounting

Definitions from the Web

Last in First Out

Definition:

Last in First Out (LIFO) is a method or protocol used in computer programming and data structure. It refers to the order in which data elements are accessed or removed from a data structure. In LIFO, the last element that is inserted will be the first to be removed.

Senses:
  1. Noun: A principle used in stack data structures where the most recently added item is the first to be removed.
  2. Phrase: A concept used in accounting to determine the value of inventory, assuming that the most recently acquired goods are the first to be sold.
  3. Phrase: A term used in project management to describe a scheduling method where the tasks or activities are executed in reverse order, starting from the end.
Sample Sentences:
  1. When implementing a stack data structure, the last-in, first-out principle ensures that the most recently added element will be the first one to be removed.
  2. The last in, first out accounting method assumes that the newest inventory items are the first to be sold, affecting the cost of goods sold and profit calculations.
  3. By following a last in, first out approach, the project manager scheduled the tasks in reverse order, ensuring that the final task is executed first.
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