The usage of the Pareto principle in order to prioritize, or rank a number of different items which vary in terms of their significance. The objective of the Pareto analysis is to isolate the ‘vital few’ from the ‘useful many’.
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The usage of the Pareto principle in order to prioritize, or rank a number of different items which vary in terms of their significance. The objective of the Pareto analysis is to isolate the ‘vital few’ from the ‘useful many’.
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