Julie Bang / Investopedia Pareto analysis is a decision-making tool that is based on the 80-20 principle, which states that 80% of outcomes stem from 20% of inputs. What Is Pareto Analysis?

Plus, you can create customizable budgets and reports for accounting purposes. All plans come with a 45-day free trial, one of the longest trial periods on our list. What We Don’t Like There is ...

Why you should embrace it in your workforce by Robert D. Austin and Gary P. Pisano Meet John. He’s a wizard at data analytics. His combination of mathematical ability and software development ...

It finds after weighing the positives and negatives of in-house manufacturing that it can make the parts cheaper than the outside supplier. The company can identify a situation in which it can ...