How can I interpret or analyze the Pareto chart attached
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
How can I interpret or analyze the Pareto chart attached
Transcribed Image Text:Paste your data here
Defects
Long Check-out process
Check-out & notifcation
Limited media options
poor customer assitance
Limited reading places
Limited printing option
Outdated Programs
Unfulfilled Request
Difficult Assets search
Total
n
Counts
1736
715
453
392
156
135
112
85
43
3827
9
↓Y
Calculations
Contribution (%)
45.36%
64.04%
75.88%
86.12%
90.20%
93.73%
96.66%
98.88%
100.00%
Transcribed Image Text:Count
2000
1800
1600
1400
1200
1000
800
600
400-
200
0+
Long Check-...
Check-out &...
Limited media...
poor customer...
Pareto Chart
Limited...
Limited...
Outdated...
Unfulfilled...
Difficult...
120.00%
100.00%
80.00%
60.00%
40.00%
20.00%
0.00%
Percent
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Follow-up Question
How do I analyze the histogram screenshots data attached below
Transcribed Image Text:daptive
Management Systems
No.
1234
5
6780
9
Paste your data here
Obs
156.00
85.00
453.00
715.00
43.00
1736.00
135.00
392.00
112.00
Histogram and Boxplot Statistics Tool
provided by adaptivebms.com
Histogram
Choose bin
number:
Click here to see
Histogram
Click here to see
Boxplot
Basic Statistics (Normal Distributions)
Mean (x)
Confidence interval (x+)
Confidence interval (x-)
StDev (for sample)
StDev (for population)
LSL
USP
UCL
LCL
Results
425.2222222
756.9716447
93.47279979
538.5916305
507.789059
10.15
10.35
2040.997114
-1190.552669
Alpha
0.05
Enter lower tolerance
Enter upper tolerance
Transcribed Image Text:6.00
5.00
4.00
3.00
2.00
1.00
"}}}}
0.00
43.-231.11
231.11-419.22
419.22-607.33
607.33-795.44
795.44-983.56
Summary of Data
983.56-1171.67
1171.67-1359.78
1359.78-1547.89
1547.89-1736.
Note: Graph data will have to be re-selected if alternative binning is used
1) Right click on graph
2) Select "Select data"
3) Click frequency
4) Select Data worksheet
5) Select the Green text
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Solution
by Bartleby ExpertFollow-up Question
By looking at the Pareto chart, which issue is the highest priority and where will be appropriate to focus.
Solution
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