Create a Pareto Diagram from the Buffet Defect Information Provided

question 109

Essay

Create a Pareto diagram from the buffet defect information provided in the table below.
$$\begin{array}{l}\begin{array} { l c } &\text { Tuesday }\\\text { Cold food } & 2 \\\text { Poor selection } & 9 \\\text { Empty trays } & 10 \\\text { Not enough plates } & 21 \\\\\text { Old (dry) food } & 12 \\\text { Spills } & 8 \\\text { Food on the floor } & 5\end{array}\end{array}$$

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Definitions:

Available-for-Sale

A classification for financial assets that are not to be held to maturity or for trading purposes, allowing for changes in value to be recorded in other comprehensive income.

Unrealized Increase/Decrease

Unrealized increase/decrease refers to the changes in the value of investments that have not yet been sold and the gains or losses have not been 'realized' through a transaction.

Fiscal Year

A one-year period chosen by a business or government for accounting purposes, which may or may not align with the calendar year.

Unrealized Increase/Decrease

Change in the market value of assets that have not been sold, impacting a company's financial statements in terms of valuation but not cash flow.