Question

explain the Pareto chart and the Pareto principle using your own examples.

Answer 1

Date Expt. No. .. Page No. 1 PARE TO CHART A Pareto chart, also called a Pareto distribution diagram is a vertical bar gralph in wheel values are plotteel in decreasing Lorees of relative frequency from left to lovight. Parelto charlt are exatremely I useful for analysing what problems need attention o first because the taller bars Don the chart whech represent frequency iclearly illustrate I whech variables have the arreatest cumulentive effect on a 10 given system. The Pooleto chart bhovudes a grapher depiction of the Pareto pouncuple, a theoly nhaintaining that 80% of lket output und a quven Situation or Tsystem is provanced by 20% of the output Teacher's Signature:

Date Expt. No... Page No. | The PARETO Cheat is one of the basel tools of quality control- The independent variable on the chart are shown on the horizontal axus and the depend-- leat Onariabll are betrayed as the heights of bars PARETO CHART USING A EXAMPLE I a Pareto chart can be used to auckly identify what buisness issues ll need attention. By using hard data cinstead of utitlant there can be no question For example XYZ clolding store was seeing Ta stbally deline in business Teacber's Signature:

Date Expt. No. Page No._Z Before the manager did a custome Tsulvey, he assumed the decline was o due to customer dissatis- faction with the clothing line he was selling and he bedmed his supply chain for his probler After charting the frequency of lithe answers in his customed survey, however it was vely clear Во м и, а X 9teous on yo1( А. decline of his buisness I had nothing to do whith his supply chain. 9 By collecting data and displaying ilt in Pareto chart the mande ar could see whech variables were having the most influence. on Denis example pakking difficulties, ouele sales people and poor lighting were hurtine Tib buisness moust. follas ind the Pareto principle those all

Date Expt. No. Page No. 4 ithe areas where he should focus lis attention to build his buisness back up COSTOMER COMPLAINTS alo 86 40 +++ 50 PARKING SALES DIFFICU PER WAS CTIES RUDE LONI 10141917 glood LAYOUT COMPUS ISIRE LIMITED ¢LOTHING. FADEDAN AL CLOTHING SHRANK Teacher's Signature : THANK'S