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Business
Operations Management
Type of Error a b с d e f g h i Supplied Data % age of Problems 5 1 13 15 3 12 10 35 6 Cost to Fix 62 8 12 34 81 27 4 44 53 Type of Error h d C f g i a e b Error Frequency % age of Problems 35 15 13 12 10 6 5 3 1 Cumulative Frequency 35 50 63 75 85 91 96 99 100 As a manager you have been given data, in the way of two charts above. The data shows that during a process, errors have occurred over a period of time. Analyse the information in the two tables above, and create a third table showing total cost. (Utilise previous hand-out on Pareto Analysis). And finally produce corresponding charts, which show the Pareto analysis by frequency of error and Pareto analysis by cost. Both will need to visually indicate the cumulative frequency

Type of Error a b с d e f g h i Supplied Data % age of Problems 5 1 13 15 3 12 10 35 6 Cost to Fix 62 8 12 34 81 27 4 44 53 Type of Error h d C f g i a e b Error Frequency % age of Problems 35 15 13 12 10 6 5 3 1 Cumulative Frequency 35 50 63 75 85 91 96 99 100 As a manager you have been given data, in the way of two charts above. The data shows that during a process, errors have occurred over a period of time. Analyse the information in the two tables above, and create a third table showing total cost. (Utilise previous hand-out on Pareto Analysis). And finally produce corresponding charts, which show the Pareto analysis by frequency of error and Pareto analysis by cost. Both will need to visually indicate the cumulative frequency

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Type of Error a b с d e f g h i Supplied Data % age of Problems 5 1 13 15 3 12 10 35 6 Cost to Fix 62 8 12 34 81 27 4 44 53 Type of Error h d с f i a e b Error Frequency % age of Problems 35 15 13 12 10 6 5 3 1 Cumulative Frequency 35 50 63 75 85 91 96 99 100 As a manager you have been given data, in the way of two charts above. The data shows that during a process, errors have occurred over a period of time. Analyse the information in the two tables above, and create a third table showing total cost. (Utilise previous hand-out on Pareto Analysis). And finally produce corresponding charts, which show the Pareto analysis by frequency of error and Pareto analysis by cost. Both will need to visually indicate the cumulative frequency
Transcribed Image Text:Type of Error a b с d e f g h i Supplied Data % age of Problems 5 1 13 15 3 12 10 35 6 Cost to Fix 62 8 12 34 81 27 4 44 53 Type of Error h d с f i a e b Error Frequency % age of Problems 35 15 13 12 10 6 5 3 1 Cumulative Frequency 35 50 63 75 85 91 96 99 100 As a manager you have been given data, in the way of two charts above. The data shows that during a process, errors have occurred over a period of time. Analyse the information in the two tables above, and create a third table showing total cost. (Utilise previous hand-out on Pareto Analysis). And finally produce corresponding charts, which show the Pareto analysis by frequency of error and Pareto analysis by cost. Both will need to visually indicate the cumulative frequency
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