| 释义 |
the Pareto principle
noun[ S ]
ECONOMICS, WORKPLACE, PRODUCTIONukus(alsoPareto's law ); (informalthe 80/20 rule)
the idea that a small quantity of work or resources (= time, money, employees, etc.) can produce a large number of results:
The Pareto principle, when applied to time, states that 20% of your time determines 80% of your production.
The Pareto principle can be applied to quality improvement, as the majority of problems (80%) are produced by a few key causes (20%).
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