Production Process

Production Process : A production process can be defined as any activity that increases the similarity between the pattern of demand for goods, and the quantity, form, and distribution of these goods available to the market place.

•	Production is a process, and as such it occurs through time and space. Because it is a flow concept, production is measured as a “rate of output per period of time”. There are three aspects to production processes:

1.	The quantity of the commodity produced,

2.	The form of the good created,

3.	The temporal and spatial distribution of the commodity produced.

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•	A production process is efficient if a given quantity of outputs cannot be produced with any less inputs

•	Modern manufacturing includes all intermediate processes required for the production and integration of a product's components.