last in first out

• Método de processamento de elementos no qual o último item adicionado ou adquirido é processado ou removido primeiro. Amplamente aplicado na computação (estruturas de dados do tipo pilha), na gestão de estoques e na contabilidade.

A method of processing items where the most recently added or acquired item is the first to be removed, used, or processed. Commonly applied in computing (stack data structures), inventory management, and accounting.

1. Inventory management methodB2formal

   A method of inventory valuation where the most recently produced or acquired items are assumed to be sold or used first.

   Último a entrar, primeiro a sair

   • The company uses the LIFO method for its inventory accounting.
   • Under LIFO, the cost of goods sold reflects the most recent purchase prices.
   • LIFO can reduce taxable income during periods of rising prices.

2. Data structure principleB2formal

   A principle in computing where the last item added to a stack is the first one to be removed.

   Último a entrar, primeiro a sair

   • The stack data structure operates on a LIFO basis.
   • In LIFO, the most recent element is always at the top.
   • The undo function in many applications uses a LIFO system.