Pareto analysis
noun [C or U] ECONOMICS, WORKPLACE, PRODUCTIONDefinition
› a method for finding the main causes of a particular effect or problem so that money, effort, etc. is put into these causes, rather than less important ones: Pareto analysis is often applied to determine which parts of the design are most worthy of attention. → Compare ABC analysis
(Definition of Pareto analysis noun from the Cambridge Business English Dictionary
© Cambridge University Press)
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