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 ?
A second RT process involving bimetallic layering is RSP's Rapid Solidification Process, a metal spray deposition method that produces 99.5% to 99.8% fully dense cores and cavities.
Currently, the plant produces 10% of its castings for markets outside of heavy truck and engine.
Samson says burning switchgrass in coal-fired generators produces about 32% efficiency, but when switchgrass is pressed into pellets and burned in specially designed space-heating stoves, the efficiency reaches 85%.
Alcan's $6.5-billion Alcan Packaging Div., for example, includes the Food and Specialties unit of Alcan Food Packaging Americas, which produces film in the U.S., Mexico, and Canada.
One breakthrough was the discovery, reported in the 18 January 2002 issue of Science by Derek Lovley, a professor in the Department of Microbiology at the University of Massachusetts Amherst, that Geobacter produces electricity.
argentatum, from the Asteridae, because it was known to provide one of the simplest rubber-producing systems known; and Ficus elastica Roxb., from the Dilleniidae, because it was readily available, easy to grow and produces a lower molecular weight, poorer quality polymer.
That's because the small bottle produces sound waves with a shorter wavelength, meaning more vibrations per second, or a higher frequency.
In fact, the microbe produces even more cellular energy by breaking down cellulose than it does by growing on simple sugars such as glucose.
Global Sources (Singapore), a b2b media company that produces properties designed to facilitate global trade with a focus on China and Asian markets, has ceased publication of 'Asian Sources Fashion, Accessories & Supplies' and has launched 'Asian Sources Garments & Textiles' and 'Asian Sources Fashion Accessories' magazines and their accompanying web sites.
Each neutron capture event produces a scintillation pulse; the scintillation rate thus becomes a measure of the angle between the polarization vectors.
Brown says that if a remelt operator wants to produce new billets for one of ifs extrusion customers, that same customer's scrap produces only about one-third of the scrap material needed.