The Pareto Chart
The Pareto Chart The Pareto Chart is based on The Pareto principles of Italian Economist Vilfredo Pareto in 19th centaury. The Pareto principles state that the most effects are the result of relatively of few causes that is, 80 % of effects come from 20 % of the possible causes. Materials, raw materials and operators can be taken as example. The Pareto Chart: The Pareto chart can also be known as, the Pareto diagram. There can be two types of Pareto [...]