Scatterplot for Visualize Relationships With Turn-earn Index

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.

Example

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

How-to

  1. Choose Solutions Modules > Functions > Supply Chain KPIs, then select Launch.
  2. Under Profitability, select Turn-earn index.
  3. Select Visualize relationships with turn-earn index, then click OK.
  4. Select Scatterplot, then click OK.
  5. In Y variables, enter the column that contains the turn and earn index.
  6. In X variables, enter a corresponding column that might explain or predict changes in the turn and earn index.
  7. Click OK.
Tip

For more information about this analysis, click Help in the main dialog box.