Logistics & Supply Chain

Basic

Fuel Cost Per Kilometre

Fuel spend for each kilometre from fuel price and economy.

Formula

C_{km} = \frac{P_{fuel}}{E}

Live Calculator

Members

Variables

C_{km}Cost per km

P_{fuel}Fuel price per litre

EEconomy (km per litre)

Example

$1.60/L, 8 km/L: C_km = $0.20

Did You Know?

Fuel is often 30-40% of a trucking operation's total running cost.

logistics fuel cost

Share this formula

More in Logistics & Supply Chain

Economic Order Quantity

Order size that minimises the combined cost of ordering and holding stock.

Reorder Point

Stock level that triggers a new order, covering demand during the lead time.

Safety Stock

Buffer inventory that absorbs demand variability during lead time.

Inventory Turnover

How many times inventory is sold and replaced in a period.

Days Inventory Outstanding

Average number of days stock sits before being sold.

Little's Law

Average items in a system equals arrival rate times average time in the system.