QUESTION FIVE a) b) What is a Pareto Analysis? In a printing company, data from the previous month show the following types of errors, with the unit cost (in dollars) of rectifying each error, in Table Q5. (5 Marks) Table Q5 Error Categories Typographical Proofreading Paper tension Frequency 4000 3500 80 100 120 Unit Costs 0.20 0.50 50.00 30.00 100.00 s1.25 Paper misalignments Inadequate binding (0) Use Pareto analysis to investigate the errors and discuss the results. (14 Marks) (il) If management has a monthly allocation of $ 18,000 to rectify errors, which areas (6 Marks) [TOTAL: 25 MARKS should they tackle? QUESTION SIX QUESTION FIVE a) b) What is a Pareto Analysis? In a printing company, data from the previous month show the following types of errors, with the unit cost (in dollars) of rectifying each error, in Table Q5. (5 Marks) Table Q5 Error Categories Typographical Proofreading Paper tension Frequency 4000 3500 80 100 120 Unit Costs 0.20 0.50 50.00 30.00 100.00 s1.25 Paper misalignments Inadequate binding (0) Use Pareto analysis to investigate the errors and discuss the results. (14 Marks) (il) If management has a monthly allocation of $ 18,000 to rectify errors, which areas (6 Marks) [TOTAL: 25 MARKS should they tackle? QUESTION SIX