engineering recuitment Vizag Steel MT Mechanical 2020 Test Series Industrial Engineering Production Management
According to Pareto’s principle
1
20 percent of the inputs or activities are responsible for 80 percent of the outcomes or result
2
80 percent of the inputs or activities are responsible for 50 percent of the outcome or result
3
All financial decisions on any project appraisal are based on the future value of money
4
All financial decisions on any project are based on present value of money