Pareto charts are a simple and effective way of determining the root cause of whatever problems you’re facing. They adhere to Pareto’s principle where 80% of the reasons production stop can be ...

Learn what a Pareto chart is, see a few examples of the Pareto Principle in action, read benefits of the Pareto charts and learn the eight steps involved in creating a Pareto chart. Jump to: A Pareto ...

Excel 2016’s many new features include six new chart types. We’ll go over Histogram, Pareto, and Waterfall and talk about how they could be used with your data. We covered Treemap, Sunburst, and Box & ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

I think I ran across this link from Raven the Maven's site. She has the best project management blog around. Pareto analysis is a method by which you find the 80% of the problem caused by 20% of the ...

In many applications, you can quantify the priority or severity of a problem with a measure such as the cost of repair or the loss to the customer expressed in man-hours. This example shows how to ...

Q. I have been doing some reading on total quality management and it seems that Pareto charts are quite popular. Is it difficult to learn how to use them and can they really help me improve overall ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...