With current milk prices, dairy farmers are trying to lower costs, while optimizing their return opportunities. With the average cost of raising a dairy replacement heifer at over $2,500, according to a 2019 Cornell Cooperative Extension survey, heifer inventory management and raising the right replacements is a critical part of that plan. Knowing how many replacements are needed and having an accurate picture of that inventory can help farmers choose the right breeding strategies to successfully manage heifer inventory and have greater profitability from not raising unneeded heifers.