Fit Regression Model for Predict Supply Chain Cycle Time

Use Fit Regression Model to use multiple predictors to predict supply chain cycle time.

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

Example

Supply chain cycle time is the length of time to complete an order if inventory levels are zero. Supply chain cycle time includes the amount of time to order, fulfill, and receive the order.

In this worksheet, Cycle Time is the response. Number of Suppliers is a continuous predictor, and Standard Parts is a categorical predictor. The predictors may explain differences in supply chain cycle time.

C1 C2 C3-T
Cycle Time Number of Suppliers Standard Parts
52 8 Yes
37 4 Yes
56 12 Yes
49 2 No

How-to

  1. Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
  2. Under Cycle Time, select Supply chain cycle time.
  3. Select Predict supply chain cycle time, then click OK.
  4. Select Fit Regression Model, then click OK.
  5. In Responses, enter the column that contains the cycle time data. The response is also called the Y variable.
  6. In Continuous predictors, enter the columns of numeric data that may explain or predict changes in supply chain cycle time. The predictors are also called X variables.
  7. In Categorical predictors, enter the categorical classifications or group assignments that may explain or predict changes in supply chain cycle time. The predictors are also called X variables.
  8. Click OK.
Tip

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