The impact of Pareto Principle on the sale in automobile companies and airlines

Publish Year: 1396
نوع سند: مقاله کنفرانسی
زبان: English
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MEAHBT01_151

تاریخ نمایه سازی: 11 خرداد 1397

Abstract:

The Pareto Principle (also known as the 80-20 rule) states that for many sight, about 80% of theconsequences are produced by 20% of the causes. In this article we discuss the Pareto Principle andits importance in real life problems, describe some mathematical model related to it. We tested twosets of real life data to see if the Pareto principle applies to these aspects. For the Forbes list in2017,we found that 20% of the air line in that list own 45% of the sell. And 20% of the automobilecompany in that list 62% of the all automobile sell In both cases results have a really to the Paretoprinciple but not perfectly matched.

Authors

Hossein Karevan

Kermanshah University of Technology, Kermanshah, Iran

Mahvash Ranjbar

Kermanshah University of Medical Science, Kermanshah. Iran

Sahba Keshtmand

Industrial Engineering Student of Kermanshah University of Technology, Kermanshah, Iran