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Pareto charts are one of the simplest problem solving tools. Because they are easily understandable and can be quickly created in Excel, they are a widely used. Pareto charts simply rank order ‘buckets’ of data points by the selected criteria, and let people see visually how the minority of problem types cause the majority of incidents. This understanding helps people focus their resources where they will get the biggest impact.
This short module addresses how to create a Pareto chart, how to use it to solve problems, and how to avoid common problems. It also includes tips on how to make outstanding Pareto charts.
This video is a recording of a narrated PowerPoint presentation from our Lean Training System. It covers what a Pareto Chart is, how it helps you, the steps to creating one, and the pitfalls to avoid when using Pareto Charts.
WHAT DOES LEGACY MEAN? Legacy videos are are early efforts. Still grea...