Pareto Diagram
last edited by: Peter Wootton on Oct 16, 2021 7:56 AM | login/register to edit this page |
![]() Pareto Diagram was originally designed by the Italian economist Pareto. It was originally used to represent the distribution of national income. The theory of the Pareto Diagram is extremely simple, that is, always find only the first three major causes of great influence or 80% of the main causes. You can then concentrate on the resources, and prescribe a solution for these main causes, which can not only save resources but also achieve immediate results. A Pareto Diagram is a bar graph. The lengths of the bars represent frequency or cost (time or money) and are arranged with the longest bars on the left and the shortest to the right. In this way, the chart visually depicts which situations are more significant. How to draw Pareto Diagram
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last edited by: Peter Wootton on Oct 16, 2021 7:56 AM | login/register to edit this page |
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