Individuals Chart for Visualize Inventory Carrying Costs

Use Individuals Chart to analyze the stability of inventory carrying costs with control limits.

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

Example

Inventory carrying cost is all the expenses related to the storage of unsold goods. You can record inventory carrying costs as a dollar amount or as a percentage of total inventory over a time period.

In this worksheet, Carrying Costs is the graph variable.

C1
Carrying Costs
38
22
36
35

How-to

  1. Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
  2. Under Costs, select Inventory carrying cost.
  3. Select Visualize inventory carrying costs, then click OK.
  4. Select Individuals Chart, then click OK.
  5. In Variables enter the column that contains the inventory carrying cost data.
  6. Click OK.
Tip

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