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Gold in the mine

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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.

References

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


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