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Prepare the Pareto charts for number of complaints, percentage of complaints and dollar loss associated with complaints. Discuss the charts and recommend the chart to use.

Category: Finance Paper Type: Online Exam | Quiz | Test Reference: APA Words: 200

Defect

No of complaints

Dollar Loss in RM

Loose thread

14

294

Incorrect hemming

8

216

Material reject

2

120

Stitching reject

6

126

Alignment error

4

240

Color mismatch

2

180

Trim errors

6

144

Button problems

3

36

Miscellaneous

5

60

Total Complaints

50

 

 


It can be noted that the first graph is showing the Pareto chart for the number of complaints. On the other hand, the second Pareto chart is showing the information about dollar sign in RM. For that case, the recommended chart must be bar chart. This is because it will provide complete information about the number of complaints according to the required defect data (Nelson, 2011).

Reference of Pareto charts

Nelson, S. L. (2011). Excel 2007 Data Analysis For Dummies. John Wiley & Sons.

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