Analyzing 80/20 Rule with Pareto Chart
There is an Excel file that teaches how to perform the Analyzing 80/20 Rule with Pareto Chart operation.
Excel Solution: Analyzing 80/20 Rule with Pareto Chart
The most important factors based on the 80/20 rule are visualized with a Pareto chart. Additionally, cumulative percentage line and bar chart combination are created in this file. Thus, root cause analysis in quality control and process improvement work becomes easier. For this reason, it is widely used in manufacturing, service sector, and project management. Therefore, steps for creating a Pareto chart and an interpretation guide are presented in this file.
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