Correlation between the Issues of Processing Textile Sector in Pakistan
Journal Title: INTERNATIONAL JOURNAL OF MANAGEMENT & INFORMATION TECHNOLOGY - Year 2016, Vol 11, Issue 1
Abstract
This research investigates the Statistical Correlation on Internal Issues of Processing textile sector in PakistanData were collected from Primary as well as secondary sources It is a statistical research technique in decision making that is used for the selection of a limited number of tasks that produce significant overall effect. It separates the few major problems from the many possible problems. It is named after Vilfredo Pareto, a 19th-century Italian economist. It was revealed Initially as the issues of Processing Sector were about 5, after performing Pareto analysis the output shows total counts equivalent to 813. As it is suggested to take about 80% to solve the overall issues but here the 80% is nearer to 4 issues. Therefore it is decided to take about 82.5% through which 4 issues may be selected as shown in the Pareto chart 6-6. However 3 issues are equal to 527 which is about 64.8%.that may not be sufficient.
Authors and Affiliations
Muhammad Salih Memon, Abdul Sattar Shah, Dr. Anwar Ali Shah G. Syed, Dr. Muhammad MunirAhmadani, Faiz Muhammad Shaikh
Keywords
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- EP ID EP654049
- DOI 10.24297/ijmit.v11i1.4938
- Views 159
- Downloads 0
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