Pareto Analysis to Determine the Most Common Categories
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Construct a Pareto analysis of the data and determine the percentage of total complaints represented by the two most common categories.
Over a 6 mo. period:
Stock Condition: 170
Checkout Queue: 33
Product request: 105
Product Quality: 87
Price Marking: 45
Policy/Procedures: 40
Service Level: 55
General: 58
Checker: 59
All other: 71.
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Solution Summary
The solution shows step-by-step method of creating Pareto chart in Excel and also discusses how to conduct Pareto analysis.
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See attached Excel file.
There are many internet sites that will show you step by step method of Pareto analysis in detail. Here I am providing you the information from Wikipedia. I am also showing you the analysis in Excel.
Pareto analysis is a statistical technique in decision making that is used for selection of a limited number of tasks ...
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