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> Pareto Chart
PARETO CHART
A graph showing bars, in
size order from left to right. Pareto charts are expressions of the Pareto
Principle. The principle suggests that the significant items in
a given group normally constitute a relatively small portion of
the total items in the group. Conversely, a majority of items
in the total will, even in aggregate, be relatively minor in significance —
this is called the 80/20 rule. Pareto charts help us focus on the vital
few problems rather than the trivial many.
Learn more about Pareto charts at Value
Engineering/Value Analysis, Six
Sigma Overview, and TCA
Six Sigma Program.
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