Gold in the mine

From HandWiki
Short description: Metaphor

Gold in the mine is a metaphor for the potential savings in quality improvement efforts. It is essentially a restatement of the Pareto principle in the context of quality costs; digging in the right place can produce great savings, though investigating every possible opportunity is not economically feasible.[1]

References

  1. ↑ Juran, Joseph M. (1962). Quality Control Handbook (2 ed.). New York, New York: McGraw-Hill. pp. 1–34. OCLC 64292499. 




Retrieved from "https://handwiki.org/wiki/index.php?title=Gold_in_the_mine&oldid=3432035"