| The Pareto principle was
originated by an Italian economist, Vilfredo
Pareto, who found that 20% of the population
owned 80% of the resources. This principle
applies to many phenomena, in process improvement
it is often found that 80% of problems will
result from 20% of the causes. Sometimes
expressed as ‘The vital few and the trivial
many’.
The Pareto principle is used in the
Pareto Chart.
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