Abstract: Methods and systems to improve the utilization of rented and owned equipment by accurately and automatically monitoring equipment utilization rates and making recommendations for desired utilization rates and optimal inventory levels based on statistical analysis of actual utilization rates. By making usage recommendations, embodiments of the present invention allow users of the inventive system to purchase and maintain appropriate quantities of movable assets, proactively manage equipment rental costs, and reduce equipment costs and inventory liability. In a medical environment, these benefits also include improved availability and access to items needed for patient care.