The formula to calculate the depletion rate is:
DR=IQ−CQTS
Where:
The depletion rate is a measure of the rate at which a resource is being consumed or used up. It is an important metric in resource management, helping to predict when a resource will be exhausted and to plan for sustainable usage. The depletion rate can apply to natural resources, inventory stock, energy consumption, and more.
Let's assume the following values:
Using the formula to calculate the depletion rate (DR):
DR=IQ−CQTS=100−2010=8 units per hour
The Depletion Rate (DR) is 8 units per hour.