Using the FIFO method, what type of items are issued or shipped?

The FIFO (First In, First Out) method emphasizes that the items with the earliest expiration date should be issued or shipped first. This approach is particularly important in inventory management, especially for perishable goods and items with shelf-lives, ensuring that older stock is utilized before it potentially expires or becomes unusable.

Issuing items based on the earliest date of expiration helps minimize waste and maintain quality, aligning with best practices in logistics and inventory management. By using this method, organizations can effectively manage their inventory, reduce losses due to expired products, and adhere to regulatory requirements regarding shelf-life management.

In contrast, other options such as issuing items based on the latest delivery date, highest inventory number, or most recently received stock do not prioritize the expiration dates of items, which is crucial in maintaining the integrity and safety of the inventory.