Reference desk

MRO Inventory Formulas

Formula outputs support a policy decision; criticality, intermittency, and supply recovery still require engineering judgment.

MetricFormulaDecision use
Lead-time demandAverage daily demand × lead timeExpected replenishment exposure.
Reorder pointLead-time demand + safety stockReplenishment trigger.
Safety stockz × demand standard deviation × √lead timeNormal-demand uncertainty buffer.
EOQ√(2DS ÷ H)Order/carrying cost balance.
TurnoverAnnual issues ÷ average inventoryMovement of inventory value.

Use formulas within a policy

Check shelf life, preservation, criticality, substitution, minimum order quantities, and supplier failure risk before changing stocked quantities. Low movement can be correct for insurance spares.

Related tools

Lead-time demand, EOQ, inventory turnover, and MRO safety stock guide.