Solution-Construct a pareto diagram for the analysis

Construct a pareto diagram for the analysis

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Reference no: EM131881306

Construct a Pareto diagram for the analysis of the external failure costs for a wireless telephone manufacturer using the following data:

Type of Cost	Dollars (in Thousands)
Customer Complaints	20
Returned Goods	30
Retrofit costs	50
Warranty claims	90
Liability costs	10
Penalties	5
Customer goodwill	25

Interpret the diagram and describe the managerial implications of this analysis.

You must provide a proper interpretation of the results (such as that of Scatter plot and Pareto diagram)

2. Draw a fishbone diagram to determine the root causes of inventory stock out in a wholesale distribution environment. OR, if you work for a manufacturing firm, you can create the similar diagram to determine the root causes of stock out of raw materials.

You must provide a proper interpretation of the results (such as that of Scatter plot and Pareto diagram

Reference no: EM131881306

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Construct a pareto diagram for the analysis

Reference no: EM131881306

Reference no: EM131881306

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