Use Scatterplot to visualize the turn and earn index versus one continuous variable.
This example applies to the Supply Chain Module. For more information, go to www.minitab.com/supply-chain-module.
The turn and earn index (T/E Index) balances inventory turnover and profits. To calculate the turn and earn index, multiply inventory turnover and gross profit percentage. For example, if the inventory turns over 10 times in a year and has a 40% profit margin, the turn/earn index is 400.
In this worksheet, T/E Index is the Y variable, and Sales Promotions is the X variable.
C1 | C2 |
---|---|
T/E Index | Sales Promotions |
223 | 4 |
256 | 1 |
388 | 6 |
319 | 6 |
For more information about this analysis, click Help in the main dialog box.