Question

Unopened packages of cheese with expiration dates of 9/30 are stored in front of packaged cheese dated 10/14. This is an example of

A. FIFO (First In, First Out)
B. LIFO (Last In, First Out)
C. Random storage
D. Alphabetical order

Answer 1

The method of storing older cheese in front of newer cheese is known as FIFO (First In, First Out), an inventory management practice to minimize waste.

Step-by-step explanation:

The scenario described in the student's question refers to the way inventory is managed and rotated. When unopened packages of cheese with an expiration date of 9/30 are stored in front of packages with a later expiration date of 10/14, this is an example of FIFO (First In, First Out). FIFO is a method of inventory management where the items that were received first are sold or used first. This ensures that the older stock (with an earlier expiration date) is used before the newer stock, reducing the risk of waste due to items expiring before they are used.