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Mumbai: WR fixes its AC local train fleet efficiently with 80/20 rule
Updated On: 02 July, 2024 10:37 PM IST | Mumbai | Rajendra B. Aklekar
The Pareto principle, also known as 80/20 rule, states that for many outcomes, roughly 80% of consequences come from 20% of causes
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The principles of a 19th century Italian polymath were put to use by the WR
The principles of a 19th century Italian polymath, Wilfried Fritz Pareto, have been put to use by the Western Railway to fix its fleet of AC local trains by drawing up a Reliability Action Plan (RAP).
The Pareto principle, also known as 80/20 rule, states that for many outcomes, roughly 80% of consequences come from 20% of causes (the "vital few").
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