Use Bar Chart: Function of a Variable to visualize a function of total or average inventory days of supply by one categorical variable.
This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.
Inventory days of supply is the number of days until inventory is depleted if the company does not add to its supply. To calculate inventory days of supply, first divide the value of the average inventory by the expected product demand. Then multiply this ratio by the number of days in the time period. Inventory days of supply is usually calculated monthly.
In this worksheet, Days of Supply is the graph variable. Style is the categorical variable.
C1 | C2-T |
---|---|
Days of Supply | Style |
38.06 | Wide |
37.8 | Crop |
68 | Trouser |
62.3 | Wide |
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