Chapter

10.2. The Production Process: How Do We Make It?*

From IntroductionToBusiness OP 8D04gAa

Concepts

1. What types of production processes do firms use?

   "In production planning, the first decision involves which type of production process—the way a good or service is created—best fits with company goals and customer demand. An important consideration

2. How are inputs converted into outputs?

   "Production involves converting inputs (natural resources, raw materials, human resources, capital) into outputs (products or services). In a manufacturing company, the inputs, the production process,

3. How does production timing affect the choice of process?

   "A second consideration in choosing a production process is timing. A continuous process uses long production runs that may last days, weeks, or months without equipment shutdowns. This is best for hi