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 ?
The probabilistic risk model developed in this work is a logical representation of equipment interactions, component failures, and human errors in a plant leading to production losses or production disturbances.
Production losses were estimated by comparing the presurgery level of (unwaged and waged) productive activity with the actual level of (unwaged and waged) productive activity achieved during the 4 weeks postdischarge.
26, the institute predicted that production losses from the quake and an ensuing power shortage would total 180 billion N.
Guranteed, On-Time Deliveries or the company pays for related production losses.
At peak production, he calculates, this oil field would produce no more than 182 million barrels annually -- an amount equal to the production losses incurred each year at existing U.
Additionally, a recent NMSS analysis estimated the total cost of MS, including medical and non-medical care, production losses, and informal care, at more than $47,000 per U.
Corn and high value crops recorded production losses at 5,600 metric tons and 21, 800 metric tons, respectively.
MULTAN -- Agriculture experts have advised farmers to remove weeds from their fields to avoid production losses that can go as high as 80 per cent.
MULTAN -- Agriculture experts have advised farmers to pay special attention to sugarcane in June to avoid production losses due to Borer attack.
The increase in net income has been achieved despite heavy production losses due to labour unrests at its best performing operations in India during the same period.
WASHINGTON, July 7 /PRNewswire/ -- Banning the agricultural herbicide atrazine would cost between 21,000 and 48,000 jobs from corn production losses alone, according to University of Chicago economist Don L.
natural gas trends have become more bullish as industrial demand destruction has led to higher value uses for natural gas amid Gulf of Mexico production losses and mature field declines.