What is the implication of the Pareto principle?
Question:
What is the implication of the Pareto principle?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
The implication of the Pareto principle is that the vast majority of e...View the full answer
Answered By
James Warinda
Hi! I’m James Otieno and I'm an experienced professional online tutor with countless hours of success in tutoring many subjects in different disciplines. Specifically, I have handled general management and general business as a tutor in Chegg, Help in Homework and Trans tutor accounts.
I believe that my experience has made me the perfect tutor for students of all ages, so I'm confident I can help you too with finding the solution to your problems. In addition, my approach is compatible with most educational methods and philosophies which means it will be easy for you to find a way in which we can work on things together. In addition, my long experience in the educational field has allowed me to develop a unique approach that is both productive and enjoyable.
I have tutored in course hero for quite some time and was among the top tutors awarded having high helpful rates and reviews. In addition, I have also been lucky enough to be nominated a finalist for the 2nd annual course hero award and the best tutor of the month in may 2022.
I will make sure that any student of yours will have an amazing time at learning with me, because I really care about helping people achieve their goals so if you don't have any worries or concerns whatsoever you should place your trust on me and let me help you get every single thing that you're looking for and more.
In my experience, I have observed that students tend to reach their potential in academics very easily when they are tutored by someone who is extremely dedicated to their academic career not just as a businessman but as a human being in general.
I have successfully tutored many students from different grades and from all sorts of backgrounds, so I'm confident I can help anyone find the solution to their problems and achieve
0.00
0 Reviews
10+ Question Solved
Related Book For
Operations Management Sustainability And Supply Chain Management
ISBN: 9780135173626
13th Edition
Authors: Jay Heizer, Barry Render, Chuck Munson
Question Posted:
Students also viewed these Business questions
-
What is the implication about economic growth for an economic system with weak enforcement of patent and copyright laws? Why does weak property rights enforcement create an incentive problem?
-
What is the implication for cross-border trades if it can be shown that interest rate parity is maintained consistently across different markets and different currencies?
-
What is the implication of Christ being supreme overall and His being supreme over our profession? Does this news affect an accountant's work, if so, in what way?
-
Top Bun, an international bread empire that reports under IFRS. Their fiscal year-end is December 31, 2022. They began the year on January 1, 2022 with 102116 common shares. They issued 56760 common...
-
Investigate the time until first drink by creating a Kaplan-Meier curve (with a confidence interval) for the data. What do you observe about the survival probabilities?
-
Using the expanded accounting equation, calculate and enter the answers for each question. You will need to use the answers you calculate for beginning and ending equity to answer the rest of the...
-
The efficiency of a Carnot engine working between \(500 \mathrm{~K}\) and \(200 \mathrm{~K}\) is (a) \(80 \%\) (b) \(75 \%\) (c) \(60 \%\) (d) \(70 \%\).
-
Eagle Industries feels that a lockbox system can shorten its accounts receivable collection period by 3 days. Credit sales are $3,240,000 per year, billed on a continuous basis. The firm has other...
-
What reform measures have been instituted in the state of Tennessee in regards to damage caps, joint and several liability, the collateral-source rule, and frivolous lawsuits? How effective have they...
-
It is known that the percentage of wins for the Chicago Bulls basketball team going into the playoffs for the 1996-97 season was 87.7. Round the 87.7 to 90 in order to use Table A.1 (a) What is the...
-
Lynn Fish opened a new beauty-products retail store. There are numerous items in inventory, and Lynn knows that there are costs associated with inventory. However, because her time is limited, she...
-
Barbara Flynns company has compiled the following data on a small set of products: Perform an ABC analysis on her data. ITEM A B D E ANNUAL DEMAND 100 75 50 200 150 UNIT COST $300 100 50 100 75
-
A vertical 1.5-m-high and 3.0-m-wide enclosure consists of two surfaces separated by a 0.4-m air gap at atmospheric pressure. If the surface temperatures across the air gap are measured to be 280 K...
-
Are people's inflation forecasts rational? To investigate this question, go to the website of the Federal Reserve Bank of Philadelphia at www.philadelphiafed.org. Find the webpages for Research and...
-
An economy has the following \(A D\) and \(A S\) curves. \[ \begin{array}{ll} A D \text { curve } & Y=400+25(M / P) . \\ A S \text { curve } & Y=Y_{f}+15\left(P-P^{e} ight) . \end{array} \] Here,...
-
In a particular economy, recent labor statistics show that unemployment has fallen. Its economic advisor explains that economic expansion and falling inflation may persist if oil prices continue to...
-
If you were a member of the NBER business-cycle dating committee, would you declare that the U.S. economy is now in a recession? Why? Describe the major variables that you would look at to determine...
-
Consider the following economy. Desired consumption \(\quad C^{d}=200+0.4(Y-T)-400 r\). Desired investment \(\quad I^{d}=300-400 r\). Real money demand \(\quad L=0.6 Y-400 i\). Full-employment output...
-
The line through the origin whose projection on the xy-plane is a line of slope 3 and whose projection on the yz-plane is a line of slope 5 (i.e., z/y = 5)
-
Consider the circuit of Fig. 7.97. Find v0 (t) if i(0) = 2 A and v(t) = 0. 1 3 ett)
-
Develop a Process Chart for changing the oil in an automobile.
-
Develop an Activity Chart for writing a term paper.
-
Carolyn Barrett, a marketing surveyor, takes an average of 10 minutes to complete a particular questionnaire. Carolyn's performance rating (pace) is 110% and there is an allowance of 15%. What is the...
-
provide requirements for a ATM machine On MS word (PLEASE USE AGILE METHODOLOGY) Who is the actor on a this ATM machine What is the system? Write a User Story for the ATM machine write system...
-
A solid metal sphere with a diameter of 2 cm and a mass of 8 g is used for the following heat transfer experiments. You can assume the temperature throughout the inside of the metal sphere is...
-
Find the charters that exhibit outliers in fuel consumption per hour. Check for standardized fuel consumption per hour larger or less than -1.5 and 1.5 respectively. -- use query3 in a "from" clause.
Study smarter with the SolutionInn App