The Pareto Principle states that when performance is out of control,manufacturers should first look at the usual "vital few" reasons (20 percent),and most of the time (80 percent)they will have a standing-plan solution.

Question

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This is the correct statement of the Pareto Principle, which is also known as the 80/20 rule. It suggests that in many situations, 80% of effects come from 20% of causes, and the "vital few" factors should be prioritized for improvement.

The Pareto Principle States That When Performance Is Out of Control,manufacturers