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Described Pareto Analysis? |
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Answer» It is a decision making technique, also known as 80/20 rule. It is used for quality control and defect resolution. It EXPLAINS few FACTORS that can be RESPONSIBLE for big problems. It is NAMED as 80/20 rule, because as per this rule, 80 % effects in the system, arises from 20 % causes. It is a decision making technique, also known as 80/20 rule. It is used for quality control and defect resolution. It explains few factors that can be responsible for big problems. It is named as 80/20 rule, because as per this rule, 80 % effects in the system, arises from 20 % causes. |
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