Subject Business Finance

Question

Pareto Rule

Review the charts below, this is the before diagram for the Billing department. Pareto diagrams are often drawn to reflect before and after results.

BEFORE (Was in table format)
Activity, Activity Code, Number
Process Denied Bills, PDB, 22
Review with Supervisor, RWS, 10
Locate Documentation, LD, 6
Copy Documentation, CD, 5
Total: 43

Further assume that the AFTER results are as follows:

Activity Activity Code Number
Process Denied Bills PDB 12
Review with Supervisor RWS 10
Locate Documentation LD 6
Copy Documentation CD 5
Total: 33


Create a Pareto diagram with the after results. Comment on the before and after results of the Billing Department. Create the table in Microsoft Excel and provide comments.

Solution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

Pareto Rule

This is only a preview of the solution. Please use the purchase button to see the entire solution

$15.00

or free if you
register a new account!

Related Homework Solutions

Finance Questions
Homework Solution
$68.00
Business
Finance
Budget
Justification
Cutbacks
Cost
Benefit
Analysis
Life
Cycle
Costing
Finance Questions
Homework Solution
$188.00
Finance
Interest
Rate
Nominal
Inflation
Price
Cash Flow
Cost
Capital
Coupon
Bond
Maturity
Put
Investment
Stock
Portfolio
Risk
Sharpe Ratio
Dividend
Share
EPS
Benefit Pension
Deviation
Asset
Recession
PA
PL
Insurance
WACC
Tax
Finance Questions
Homework Solution
$73.00
Business
Finance
Money
Interest
Investment
Account
Deposit
Compounding
Period
EAR
Payment
IRR
Loan
Cash Flow
Value
Discount
Debt
Tax
Mortgage
APR
Equity
Bonds
Dividend
Finance Questions
Homework Solution
$30.00
Business
Finance
Investment
Lifecycle
Risk
Fund
Asset
Return
Constant
Mix
Strategy
Age
Phasing
Accumulation
Mean
Deviation
Get help from a qualified tutor
Live Chats