Fitted Line Plot for Predict Freight Cost Per Unit

Use Fitted Line Plot to use one continuous predictor to predict freight cost per unit.

This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.

Example

Freight cost per unit is the total freight costs divided by the number of units shipped.

In this worksheet, Freight Cost/Unit ($) is the response. Load Times is the predictor and may explain differences in freight cost per unit.

Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
Under Costs, select Freight cost per unit.
Select Predict freight cost per unit, then click OK.
Select Fitted Line Plot, then click OK.
In Response (Y), enter the column that contains the freight cost per unit data. The response is also called the Y variable.
In Predictor (X), enter a column of numeric data that may explain or predict changes in freight cost. The predictor is also called the X variable.
Click OK.

For more information about this analysis, click Help in the main dialog box.