In the area of maintenance, the Pareto phenomenon is reflected in the fact that
A)all equipment justifies about the same expense.
B)a majority of equipment will justify considerable expense.
C)a few pieces of equipment will justify little expense.
D)a few pieces of equipment will justify considerable expense.
E)no piece of equipment will justify major expense; it's better to replace.

Question

Quizplus · Accepted Answer

The Pareto principle, often referred to as the 80/20 rule, suggests that a small percentage of causes or inputs (in this case, a few pieces of equipment) are responsible for a large percentage of the effects or outcomes (in this case, justifying considerable expense in maintenance). This principle is widely observed in various fields, including maintenance, where a few critical pieces of equipment often require the most attention and resources to keep the entire operation running smoothly.

In the Area of Maintenance, the Pareto Phenomenon Is Reflected