Use Boxplot to visualize the median and range of stock rotation and to identify unusual observations.
This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.
Stock rotation is the number of days until the inventory stock is depleted. To calculate stock rotation, first divide the average inventory value by the total sales for the same time period. Then multiply this ratio by the number of days in the time period.
In this worksheet, Turnover Days is the variable.
C1 |
---|
Turnover Days |
43.8 |
41.5 |
63.1 |
29.9 |
For more information about this analysis, click Help in the main dialog box.