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What is production?

Updated: 9/11/2023
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8y ago

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product is something that people put things in the product to make it smell or make your hair puffy

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Jaquan Kemmer

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1y ago
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8y ago

production is the process of producing products

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  • The processes and methods used to transform tangible inputs (raw materials, semi-finished goods, sub-assemblies) and intangible inputs (ideas, information, knowledge) into goods or services.
  • Resources are used in this process to create an output that is suitable for use or has exchange value.
The action of making or manufacturing from components or raw materials, or the process of being so manufactured.
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10y ago

The amount of work done, related to the time, effort, money, and energy that was needed to produce it.

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  • Productivity is a measure of the efficiency of a person, machine, factory, system, etc., in converting inputs into useful outputs.
  • Productivity is computed by dividing average output per period by the total costs incurred or resources (capital, energy, material, personnel) consumed in that period. Productivity is a critical determinant of cost efficiency.
  • Refer to the related link below for more information
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8y ago

The noun 'product' is a word for an article or substance that is manufactured or refined for sale; the number or expression resulting from the multiplication of two or more numbers or expressions; an idea as a product of the mind; a word for a thing.

In marketing, a product is anything that can be offered to a market that might satisfy a want or need. In retailing, products are called merchandise. In manufacturing, products are bought as raw materials and sold as finished goods. Commodities are usually raw materials such as metals and agricultural products, but a commodity can also be anything widely available in the open market. In insurance, the policies are considered products offered for sale by the insurance company that created the contract.

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8y ago

A substance formed as a result of a chemical reaction.

Product is an article or substance that is manufactured or refined for sale.

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