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minimus123 | 20:41 Thu 14th Oct 2004 | Jobs & Education
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what are the advantages and disadvantages of FIFO, LIFO and AVCO
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First In First Out; Last In First Out; What's AVCO? There is also FILO and LILO.
If you're in the UK you should follow the ACAS guidelines for redundancy and draw up selection criteria.  Any other method could find you in ET
That's a big question because the advantages and disadvantages will depend on so many things. You have to look at inventory carrying cost. Inventory spa ce. Your Supply chain your shipping capabilities your inventory control...Wow! you need a text book for this one. 

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