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Economic Output

The quantity of a product that a company, sector, or economy can produce over a limited period of time. For example, if a widget factory produces 30,000 widgets in April and is open seven days a week, its output may be measured as 1,000 widgets per day. Economic output may be expressed as a monetary value and may be compared against the costs to produce the output (sometimes called the input).

output

goods and services produced by a firm using resource INPUTS.

output

the GOODS and SERVICES that are produced using a combination of FACTOR INPUTS.
References in periodicals archive ?
He also led the development of UOPs Methanol-to-Olefins (MTO) process, which converts methanol from coal and natural gas into the olefins used to make plastics.
Uniflex technology offers the highest conversion rate of bottom-of-the-barrel crudes to high-value products available today," says Pete Piotrowski, vice president and general manager of Process Technology and Equipment for Honeywell's UOP.
Honeywell's UOP is the world's leading licensor of process technology for the production of aromatics and has licensed more than 725 individual process units for the production of aromatics to date.
Production of biofuels such as ethanol and biodiesel is expanding because of a number of factors, including the continued rising cost of petroleum, availability of local energy sources, commitment to reduce greenhouse gases and government mandates and incentives, said UOP, which added that its development efforts have targeted the creation of transportation fuels that can be used with the existing diesel and gasoline fuel infrastructure.
The future of the refining industry will be characterized by a substantial increase in crude and hydroprocessing capacity to meet the growing demand for clean fuels," said UOP president and CEO Carlos Cabrera.
UOP contributes $10 per month toward faculty Internet-access expense, but the university requires its faculty to be online and posting messages five out of seven days a week, providing ongoing feedback for students.
The licensing agreement is the first under a joint licensing alliance formed by Honeywell UOP and EMRE last year.
The Honeywell UOP scholarship program is part of Honeywells investment in building the engineering talent in Egypt, and in recognition of the excellent academic potential here, Rekoske said.
The FPSO is using the Honeywell UOP Separex membrane system and adsorbents to remove carbon dioxide and water from 5 MMscm/d of natural gas from the Lula oil field off the coast of Brazil.
Honeywell International, a diversified technology and manufacturing leader, said its unit UOP has won a contract from Abu Dhabi Oil Refining Company (Takreer) to provide technology for expanded petrochemical production.
Petroleum refining technology interest UOP, LLC recently announced it has been selected to provide Valero Energy Corporation with hydroprocessing technologies for the production of ultra-low sulfur diesel (ULSD) and treated fluid catalytic cracking (FCC) feed.
ExxonMobil Research and Engineering Company (EMRE) and Honeywell's UOP have formed a joint marketing and licensing alliance to deliver a comprehensive suite of lube and advanced fuels hydroprocessing and engineering capabilities to companies in the refining sector.