The ABC Analysis uses the 80-20 concept or the pareto principle.

Name: The ABC Analysis uses the 80-20 concept or the pareto principle.
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The ABC Analysis is a technique that categorizes items into three categories based on their value or importance. It is based on the principle that 80% of effects come from 20% of causes, which is also known as the pareto principle. Therefore, the ABC Analysis uses the 80-20 concept or the pareto principle.

The ABC Analysis Uses the 80-20 Concept or the Pareto