LIFO (Last-in-First-out)

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LIFO (Last-in-First-out)
Inventory valuation methodology wherein the cost of the most recent or last bought item in the inventory is used to measure the total inventory.

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  1. Last-In-First-Out (LIFO)
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  3. First-In-First-Out (FIFO)
  4. Average Age Of Inventory
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