Periodical
Production theory basics.
| Title: | Production theory basics. |
|---|---|
| Source: | Chemical Business. Dec2011, Vol. 25 Issue 12, p46-49. 4p. |
| Abstract: | The article discusses the concept of production theory. Production pertains to the economic process of changing inputs into outputs. It was mentioned that production is assessed as a rate of output per period of time. The three aspects to production processes are the quantity of the good or service produced, the form of the good or service developed, the temporal and spatial distribution of the good or service produced. |
| Subject Terms: | *Production (Economic theory), *Manufacturing processes, *Quantity of products, *Product quality, *Physical distribution of goods |
| ISSN: | 09703136 |
| Database: | Business Source Complete |
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