Pareto analysis is a decision-making tool that is based on the 80-20 principle, which states that 80% of outcomes stem from 20% of inputs. What Is Pareto Analysis? ... Pareto Chart Example.

Figure 12.5: One-Sided Cusum Chart with Decision Interval The cusum plotted at HOUR=t is S t = max(0,S t-1 +(z t-k)) where S 0 =0, and z t is the standardized deviation of the t th measurement from ...