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Good journal entries
Upper Control Limits
The threshold values in statistical quality control that indicate the maximum acceptable variation in a process.
Pareto Analysis
A decision-making technique used for selecting a limited number of tasks that produce significant overall effect, based on the principle that 80% of effects come from 20% of causes.
Vital Few
A principle often associated with the Pareto Principle, indicating that a small number of causes, inputs, or effort usually lead to a majority of the results, outputs, or rewards.
Cause-And-Effect
A relationship between events where one is the result of the other, often illustrated by a fishbone diagram in quality improvement contexts.
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