Exam (elaborations)
L4M4 - Chapter 2
- Course
- Institution
L4M4 - Chapter 2 How does the Pareto Principle differ to the ABC Analysis? - ANS Instead of the Pareto 80/20 split, the figure splits the suppliers into three categories. 'A', 'B', 'C'. They are categorized according to their levels of importance/spend to the buying organization. Figur...
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