Exam (elaborations)
L4M4 - Chapter 2 Questions and Answers 100% Solved correctly
- Course
- Institution
How does the Pareto Principle differ to the ABC Analysis? - Answer-Instead of the Pareto 80/20 split, the figure splits the suppliers into three categories. 'A', 'B', 'C'. They are categorised according to their levels of importance/spend to the buying organisation. Figure 2.1 : 'A' suppliers r...
[Show more]