Gold in the mine
From Wikipedia, the free encyclopedia
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; a little digging in the right place can produce great savings, though investigating every possible opportunity is not economically feasible.[1]
[edit] References
- ^ Juran, Joseph M. (1962), Quality Control Handbook (2 ed.), New York, New York: McGraw-Hill, p. 1-34, OCLC 64292499
