As it is given in the question that in shops or stores, "you should always use the newest supplies first" is a false statement as First in first out is applied in stores.
FIFO or first in first out means that shop owners have the aim to sell the products that come first in the stores.
- new stock placed behind older stock leads to pushing the older stock forward to be sold first.
- It helps in saving thousands of dollars for retailers and owners.
- It clears the old stock as they might have expiry dates priors to new stocks that prevent causing a loss to retailers.
On the basis of the given explanation or methods, it is advised to use old stocks first, hence, the given statement is false.
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