Elliels Department Store tracks its inventory on a monthly basis. Monthly data for the years 20082012 are
Question:
a. Construct a line chart showing the monthly inventory over the five years. Discuss what this graph implies about inventory.
b. Sum the monthly inventory figures for each year. Then present the sums in bar chart form. Discuss whether you think this is an appropriate graph to describe the inventory situation at Elliels.
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a Inventoryhas been trending slightly up over the five years but appears to be highlyseasona...View the full answer
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Related Book For 
Business Statistics A Decision Making Approach
ISBN: 9780133021844
9th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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