Building and Using Pareto Charts

Building and Using Pareto Charts

You may have heard of the 80/20 rule. The idea is that 80% of the wealth is held by 20% of the population. As an Italian economist, Vilfredo Pareto made this observation that became generalized as the

Pareto Principle: 80% of outcomes are due to 20% of causes

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Reliability Engineering and Management Consultant focused on improving product reliability and increasing equipment availability.

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Fred Schenkelberg

Fred Schenkelberg

Reliability Engineering and Management Consultant focused on improving product reliability and increasing equipment availability.

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