Examlex
What process is used within a cloud environment to maintain resource balancing and ensure that resources are available where and when needed?
Perpetual Inventory System
A system for managing inventory that instantly logs transactions of buying or selling inventory via computerized point-of-sale systems and software for enterprise asset management.
FIFO
"First In, First Out," an inventory valuation method where goods purchased or produced first are sold or used first.
Ending Inventory
The total value of goods remaining unsold at the end of an accounting period, calculated as a part of the cost of goods sold.
Periodic Inventory System
An accounting method where inventory levels and cost of goods sold are determined at set intervals, typically at the end of an accounting period.
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