Vilfredo Pareto invented the Pareto Chart in the 19th century as a mechanism that would be applied by economist as a basic principle that would be translated in to quality problem. Vilfredo like the earlier economist had submitted wealth was in the hands owned by a few persons in the population. This rudimentary principle transforms nicely intovalue problems. The Pareto Chart is made up of... read more
2 pages
600 words
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