Question $4$ of $30$

$1$ Point

The $80/20$ rule, often called the Pareto principle means:

Select the correct response:

the Pareto principle doesn't exist

$20\%$ of the time you should focus on $80\%$ of costs

$80\%$ of the time you should focus on $20\%$ of costs

$20\%$ of the SKU base will drive $80\%$ of the demand