The table below shows the types of defects and their frequency in plastic bottles for motor oil in one of the factories. Required: Preparing the Pareto chart and identifying the problems that must be solved first Frequency defect type Orifice deformation Bottle heterogeneity holes in the base The lack of durability of the bottle Impurities in the mold Tag not pasted longitudinal incisions TOTAL 1178 1885 218 254 263 210 262 4270 Percentage% 22.6 44.0 2.8 6.0 6.2 5.0 8.4 100
The table below shows the types of defects and their frequency in plastic bottles for motor oil in one of the factories. Required: Preparing the Pareto chart and identifying the problems that must be solved first Frequency defect type Orifice deformation Bottle heterogeneity holes in the base The lack of durability of the bottle Impurities in the mold Tag not pasted longitudinal incisions TOTAL 1178 1885 218 254 263 210 262 4270 Percentage% 22.6 44.0 2.8 6.0 6.2 5.0 8.4 100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Please help me quickly I need it as soon as possible
Expert Solution
Step 1
Pareto Analysis is based on the idea that 80% of the problems can be traced to 20% of the causes.
First, we have to arrange the items in descending order.
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.Recommended textbooks for you
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education