Pareto Chart Templates

Pareto Chart Templates

Pareto Chart is a chart that combines both bar and line chart in one display. It is named after the Italian economist Vilfredo Pareto, who created the Pareto principle, also known as the 80/20 rule. The chart is used to identify the significant factors causing the majority of the problems, errors, or defects in a process. The bars represent the frequency or size of the problem, while the line represents the cumulative percentage of the total problems.

Pareto chart is used to represent the relative frequency or size of problems in descending order of importance. The bars represent individual values, while the line represents the cumulative percentage of the total values. This type of chart is useful for identifying the most significant factors in a process, allowing the you to prioritize improvement efforts. Pareto charts are commonly used in quality control, manufacturing, and business management, among other fields. They can be used to track defects, customer complaints, inventory issues, and more. By identifying the most frequent or severe issues, teams can target their efforts and resources towards the areas that will have the greatest impact on improving overall performance.

Pareto charts can be easily created using the VP Online Chart Maker. A range of customization options are provided, allowing the you to tailor the chart to your specific needs. In addition, VP Online offers various of pre-designed templates for Pareto charts, which can be useful for those who are new to creating this type of chart or who need to create one quickly.