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Exam L5M7 Topic 1 Question 57 Discussion

Actual exam question for CIPS's L5M7 exam
Question #: 57
Topic #: 1
The80/20 ruleis also commonly referred to as what?

Suggested Answer: B Vote an answer

ThePareto Principlestates that approximately80% of outcomesarise from20% of causes, applied in supply chain analysis to identify key value contributors.
Short cited extract: "Pareto (80/20) - a small number of causes create the majority of effects." (L5M7 Study Guide, p.141) Reference:CIPS L5M7 Study Guide, p.141.

by Michael at Oct 07, 2026, 03:38 AM

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