General Studies · Material Management

The 'First-In, First-Out' (FIFO) principle is primarily followed in which of the following operations?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Requirement forecasting
2Procurement
3Storage and Inventory✓
4Purchase

Correct answer

Storage and Inventory

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The 'First-In, First-Out' (FIFO) principle is primarily followed in which of the following operations?

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