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The Authors Identify Four Parties-At-Interest or Stakeholders in Any Project

question 22

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The authors identify four parties-at-interest or stakeholders in any project. These stakeholders are


Definitions:

Slack

In optimization, slack refers to the difference between the resources available and the resources used, indicating unused capacity or flexibility.

In-House Manufacture

The process of producing goods within a company, as opposed to outsourcing production to external suppliers.

Outsourcing

The strategic use of outside resources to perform activities traditionally handled by internal staff and resources.

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