HCS/514 DISCUSSION QUESTION - 26295

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1-   The Pareto Principle has often been described as the 80/20 Rule. Write out an example (a single sentence will do) indicating your understanding of the 80/20 Rule and in effect, the Pareto Principle. How would you apply the Pareto Principle in a real life situation?

2-      List three decision-making analysis tools. What are some examples of decisions that might require the use of each tool?

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Week 2

1-   The Pareto Principle has often been described as the 80/20 Rule. Write out an example (a single sentence will do) indicating your understanding of the 80/20 Rule and in effect, the Pareto Principle. How would you apply the Pareto Principle in a real life situation?