Pateto analysis can be used to categorize the major contributory in the event. It may be the,
Accident,
Death
Population
Education %
Poverty % etc.
This graph is useful to attack the Major defaulter.
An Industry analysis focuses on the industry itself and not the business. An industry analysis is based on external factors on an industry and is often deals with analyzing a task environment. Porter's analysis is often used for an industry analysis. For a company analysis you deal with inside strengths. weaknesses, opportunities and threats of your business. A company analysis focuses on internal analysis of the company.
why risk analysis done
Worksite analysis deals with routine inspections, industrial hygiene, and trend analysis
micromotion is the most refined technique for the analysis of an existing work center. videotapes or motion pictures and using frame-by-frame are used to uncover every possible opportunity for improvement.
Failure mode effects analysis (FMEA) is used to identify the ways in which a system will fail, the likelihood of each failure mode, and what will happen in the event of each failure. It is used in both product design, to improve intrinsic availability and reliability, and in operations management, to improve process design.
An approach to decision-making that identifies as few options as possible that will produce the maximum result is called pareto analysis. There are six steps that are involved when conducting a pareto analysis.
business improved
80/20 principle
Its a statistical method to determine the efficiency of a technique.
ABC analysis means Activity Based Costing analysis, it also is a way of dividing a Pareto Chart into three regions (A, B and C) which contain 80%, 15% and 5%, respectively, of the problems. For Pareto chart see the link : http://syque.com/improvement/Pareto%20Chart.htm
In investigating and specifying cost drivers, many methods are used, such as cause-and-effect diagrams, cost simulations, and Pareto analysis.
Continuous data
Pareto Group was created in 1986.
The population of Pareto Group is 2,007.
The population of Pareto Group is 283.
Graziella Pareto was born in 1889.
Graziella Pareto died in 1973.