In the tables below, we use the inventory of a fictitious ... the subject of inventory—and whether to use LIFO or FIFO—can be complex. Knowing how to manage inventory is critical for all ...

While LIFO is an acronym for last-in, first-out, FIFO stands for first-in, first-out. The LIFO method is based on the idea that the most recent products in your inventory will be sold first.

Bruns, William J., Jr., Sharon Bruns, and Susan S. Hameling. "Merrimack Tractors and Mowers: LIFO or FIFO?" Harvard Business School Brief Case 083-217, December 2008.

LIFO vs. FIFO: Impact of Inflation If inflation were ... especially in an inflationary environment. In the tables below, we use the inventory of a fictitious beverage producer, ABC Bottling ...

Bruns, William J., Jr., Sharon Bruns, and Susan S. Harmeling. "Merrimack Tractors and Mowers: LIFO or FIFO? (Brief Case)." Harvard Business School Teaching Note 083 ...