Pareto charts are a simple and effective way of determining the root cause of whatever problems you’re facing. They adhere to ...

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 ...

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 ...

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 & ...

The levels of DAY are determined by its formatted values, Before Controls and After Controls. By default, the order in which the columns are displayed is determined by the internal values. In this ...

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 ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

Samsung Electronics had experienced a series of quality-related problems, including the recall of one of its LCD TV models. Unfortunately for quality director Kevin Sarni, there was no single root ...