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What Is the Difference Between Free Slack and Total Slack

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What is the difference between free slack and total slack?


Definitions:

Constraint Time

The specific period during which a process, project, or operation is limited or restricted by various constraints.

Constrained Resource

A factor of production that is in limited supply, potentially restricting the output of goods and services.

Profitable Product

An item that brings in more income than the expenses related to its production and sale.

Contribution Margin

The amount remaining from sales revenue after variable costs have been subtracted, which contributes to covering fixed costs and generating profit.

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