PRODUCTION

Production

In economics, production is the act of creating output, a goods or service which has value and contributes to the utility of individuals. The act may or may not include factors of production other than labor. Any effort directed toward the realization of a desired product or service is a "productive" effort and the performance of such act is production. The relation between the amount of inputs used in production and the resulting amount of output is called the production function.

The above text is a snippet from Wikipedia: Production (economics)
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production

Noun

  1. The act of producing, making or creating something.
    The widget making machine is being used for production now.
  2. The act of bringing something forward, out etc. for use or consideration.
  3. the act of being produced
    The widgets are coming out of production now.
  4. the total amount produced
    They hope to increase spaghetti production next year.
  5. the presentation of a theatrical work
    We went to a production of Hamlet.
  6. an occasion or activity made more complicated than necessary
    He made a simple meal into a huge production.
  7. that which is manufactured or is ready for manufacturing in volume (as opposed to a prototype or conceptual model)
    This is the final production model.
  8. The act of lengthening out or prolonging.


The above text is a snippet from Wiktionary: production
and as such is available under the Creative Commons Attribution/Share-Alike License.

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