Use Heatmap to visualize average months of available inventory by multiple categorical variables.
This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.
Months on hand is the number of months of available inventory that exists if no new purchases are made and sales continue as forecasted. To calculate months on hand inventory, divide the value of the inventory by the cost of goods sold. Then multiply by the number of months in the time period.
In this worksheet, Months on Hand is the graph variable. Item is the row variable. Collection and Style are the column variables.
C1 | C2-T | C3-T | C4_T |
---|---|---|---|
Months on Hand | Item | Collection | Style |
1.73 | Jeans | Classic | Wide |
1.64 | Jeans | Modern | Crop |
3.4 | Jeans | Modern | Trouser |
2.5 | Jeans | Vintage | Wide |
For more information about this analysis, click Help in the main dialog box.