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 ?
Three broad categories of animal production systems are commonly distinguished: grazing systems, mixed systems and specialised animal production systems.
The new regulation seeks to apply tighter controls to the operations, activities and practices of the various types of commercial animal production establishments in the emirate.
The show includes animals, birds and fish displays, animal production forum and trade exhibition sessions to exchange expertise and facilitate investment opportunities.
Acting Director General of Animal Production and Health has set up the Steering Committee to implement the existing laws and regulations for the prevention of animal cruelty and to ensure the protection and promotion of the welfare of animals and thereby facilitate the humane treatment to all animals.
BAPS, or Mara'ee as it is known in Arabic, will introduce visitors to the science and hi-tech aspects of animal production offering a range of activities from education to entertainment, live shows to live stock and food processing to poultry and fish farming.
Throughout South Asia, the industrialization of farm animal production has also been accompanied by increased consolidation in the animal agriculture sector; raising concerns about the displacement of small farmers and rural laborers.
Saleh stressed the importance of exchanging information and expertise in a way that could help benefit from the latest technologies to increase the agricultural and animal production.
Recognition of the role of industrial food animal production in driving vancomycin resistance in enterococci prompted restrictions on agricultural antimicrobial drug use in the European Union; unfortunately, few measures have been implemented in the rest of the world (including the United States) (4).
Livestock in a Changing Landscape, a two-volume report released in March 2010 by a multi-institution collaborative including the FAO, documents how animal production is causing widespread effects on the environment and human health.
At the ARS Forage Animal Production Research Unit (FAPRU) in Lexington, Kentucky, Flythe recently demonstrated that hops can reduce HAB populations.
Speaking at an event organised by the German Agricultural Society (DLG) to discuss the development of animal production in Russia, Alexander Djagilev from IAK Agrar Consulting GmbH said he believes that developing existing potential presents the best way forward for Russian animal production and that production capacity is only being exploited to 50 or 60 percent.
Aspects have to be considered such as i) growing demand for food of animal origin, ii) significance of animal production, iii) socio-economic aspects of animal breeding, and iv) organization of animal breeding.