Pareto Analysis

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High Quality Content by WIKIPEDIA articles! Pareto analysis is a statistical technique in decision making that is used for selection of a limited number of tasks that produce significant overall effect. It uses the Pareto principle ? the idea that by doing 20% of work you can generate 80% of the advantage of doing the entire job. Or in terms of quality improvement, a large majority of problems (80%) are produced by a few key causes (20%). Pareto analysis is a formal technique useful where many possible courses of action are competing for your attention. In essence, the problem-solver estimates the benefit delivered by each action, then selects a number of the most effective actions that deliver a total benefit reasonably close to the maximal possible one.

Weitere Informationen

  • Allgemeine Informationen
    • GTIN 09786130464141
    • Editor Lambert M. Surhone, Miriam T. Timpledon, Susan F. Marseken
    • Größe H220mm x B220mm
    • EAN 9786130464141
    • Format Fachbuch
    • Titel Pareto Analysis
    • Herausgeber Betascript Publishing
    • Anzahl Seiten 76
    • Genre Mathematik

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