Pareto Analysis (80:20 Rule)

5 minutes 5 Questions

Pareto Analysis, also known as the 80:20 Rule, is a powerful decision-making technique used in Lean Six Sigma to identify and prioritize the most significant factors contributing to a problem. Named after Italian economist Vilfredo Pareto, this principle states that approximately 80% of effects com…

Test mode:
More Pareto Analysis (80:20 Rule) questions
20 questions (total)