Komtek presentation pareto and histogram

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Tejes Nayak

Technologie Business

Emerson : Team 1 KomTek case Using Pareto and Histogram

Pareto 20/80 Business: 20% of customers generates the 80% of the profits Economy: 80% of world is in hands of 20% of the population Product mix: 20% of the products account for 80% of sales Time: 80% of the decisions come from 20% of the meeting time Defects: 80% of defects typically come from 20% of input errors ,[object Object]

Juran’s approach: “few vital, trivial many”

The goal is not to simply do more, is to do more of the right thing,[object Object]

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