Pareto Analysis means that 20 percent of the items get about 80 percent of the safety stock. True False

Question

Michelle Dudley

Business

8 February, 18:19

Pareto Analysis means that 20 percent of the items get about 80 percent of the safety stock. True False

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Ruby Thomas · Answer 1

False

Explanation:

The analysis is also named as the vital few, is an 80/20 rule that states that about 80% of the events comes form the 20% of the causes and this concept was developed in relation to the distribution of the incomes and the wealth among the population. Such as the land 80% of the and has 20% of the population.