Use Display Descriptive Statistics to describe the average, range, and distribution curve of gross margin return on investment using graphs and tables.
This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.
Gross margin return on investment (GMROI) represents the ability to turn inventory into cash above the cost of the inventory. To calculate gross margin return on investment, divide the gross profit by the inventory cost for the same time period.
In this worksheet, GMROI Ratio is the variable. Item and Collection are the optional grouping variables.
C1 | C2-T | C3-T |
---|---|---|
GMROI Ratio | Item | Collection |
2.6 | Jeans | Classic |
2.8 | Jeans | Classic |
3.7 | Shorts | Athletic |
3.5 | Shorts | Athletic |
For more information about this analysis, click Help in the main dialog box.