Production

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Production

In the context of project financing, a defined portion of the proceeds of production up to a dollar amount.

Production

1. The process of turning raw material into a product that is sold. For example, a company's production may involve turning silver, zinc, and mercury into a dental filling.

2. Less commonly, the revenue one derives from production.

production

the act of combining FACTORS OF PRODUCTION (labour, capital, etc.) by FIRMS to produce OUTPUTS of goods and services. The relationship between inputs and outputs in physical terms is shown by the PRODUCTION FUNCTION and in cost terms by the COST FUNCTION. See BATCH PRODUCTION, MASS PRODUCTION, FLEXIBLE MANUFACTURING SYSTEM.
References in periodicals archive ?
In contrast, West German environmental minister Klaus Topfer announced he will urge his government to reduce Germany's current carbon dioxide production by 25 percent by the year 2005.
Sentinel's products improve system efficiency, reduce gas consumption and carbon dioxide production, and prolong the life of residential heating systems in the UK and Europe.
BOC, the largest supplier of C02 in the United States, has entered into a long-term supply agreement with AES Corporation, the largest independent power developer in the world, to capture and recycle AES's carbon dioxide production in Cumberland.
In addition to its packaged gas business, MG Industries also supplies bulk liquid gas and builds and operates pipeline and on-site industrial gas plants, including air separation units and carbon dioxide production facilities throughout the United States and Canada.
The article further concludes that this type of testing, which involves measuring oxygen uptake and carbon dioxide production furnishes the doctor more reliable data than other expensive tests including right-heart catheterization and additional exercise test variables in predicting outcomes.
The newly acquired carbon dioxide business complements a new 110 tons-per-day (100 metric tons) carbon dioxide production facility in Yabucoa, Puerto Rico.
Gary Prezbindowski, Vice President Manufacturing and Technology, is responsible for manufacturing and technical support to the air separation and carbon dioxide production facilities throughout the ALAC organization.
NYSE:PX), the world's largest supplier of carbon dioxide, today announced it will start up in late November a carbon dioxide production facility in Yabucoa, Puerto Rico.
Feed for this unit is coming from existing ammonia and carbon dioxide production units at the Vratza site.
5, 1998--MG Industries and Koch Carbon Dioxide, a division of Koch Sulfur Products Company, have signed an agreement under which MG Industries has purchased 100 per cent of Koch's Pine Bend, Minnesota liquid carbon dioxide production.
NYSE:PX), the world's largest supplier of carbon dioxide, today announced the start-up of a new carbon dioxide production facility in Chatham, Ontario, Canada.

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