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 ?
Mastitis - An important production disease of dairy animals.
It will address production diseases of pigs and poultry raised in a wide range of EU intensive systems, using both epidemiological and experimental approaches to consider the extent of, and the risk factors associated with diseases, the influence of genotype and its modification by early life experience, and the dynamic influences of the environment on disease.
Anil Bhikane, Professor of Medicine, Veterinary College, MAFSU, Udgir on various production diseases in bovines; Dr.
Such high yielding animals are usually in a delicate balance between the input and output and many a times these animals maintain the output in terms of production even at the cost of body reserves and internal metabolites leading to development of number of production diseases viz., ketosis, fat cow syndrome, milk fever, downer's cow syndrome, hypomagnesemic tetany, post parturient haemoglobinuria etc.

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