Eighty-Twenty (80-20)

Eighty-Twenty (80-20) - A term referring to the Pareto principle, which was first defined by J. M. Juran in 1950. The principle suggests most effects come from relatively few causes; that is, 80% of the effects come from 20% of the possible causes. Also see Pareto principle.

[Category=Quality ]

Source: American Society for Quality, 20 September 2010 08:16:14, http://www.asq.org/glossary/