Total Inventory Cost Calculator

Category Financial
Financial Business
Business
Selected Formula
Carrying cost per unit per year (Input)
Quantity of each order (Input)
Fixed cost per order (Input)
Demand in units per year (Input)
  • Carrying cost per unit per year - Carrying cost per unit per year refers to the total cost of holding inventory for a unit per year.
  • Quantity of each order - Quantity of each order determines the number of quantity for each order.
  • Fixed cost per order - Fixed costs per order are the cost that does not change with an increase or decrease in the amount of goods or services produced or sold.
  • Demand in units per year - Demand in units per year represents the total demands of unit per year.

Financial

  

What is Total Inventory Cost?

We need calculators on a regular basis in order to simplfy the complex process of calculating. Total Inventory Cost calculator provides for the same. We have simplified the entire process of calculating Total Inventory Cost. All you have to do is provide the input values and hit calculate. You will get the answer for Total Inventory Cost without getting into the complex process of actually calculating anything. The definitions and meanings of all variables used in the formula are also provided. If you don’t have the values of all variables and you need to calculate some, even that is possible as we provide you different variants and derived formulae as well.