Working from a Pareto Chart, a Company Wants to Address

question 40

Multiple Choice

Working from a Pareto chart, a company wants to address the two most common causes of interruptions in the company's production process.Managers should focus on the _____________ of the chart.

• A)width of each bar
• B)bars to the far right
• C)shortest bars
• D)bars to the far left
• E)tallest bar

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Definitions:

Net Increase

The amount by which a value grows over a period, after accounting for decreases.

Vertical Analysis

Comparing items in a financial report by expressing each item as a percentage of a certain base total.

Financial Report

A Financial Report is a comprehensive statement detailing financial performance, position, and cash flows of a business over a specific period, facilitating decision-making.

Percent Of Increase

A financial metric that calculates the percentage change in a fiscal variable or amount over a specific period of time, indicating growth.