KALYAN CITY LIFE

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Kalyan City is a fast emerging residential township in the Thane district of Maharashtra state, India. It is a central suburban town and resides 54 kms north-east of Mumbai. This blog regularly shares quality academic materials. Here we also document our unique experiences and vivid memories of life. Read our lucid informative articles to excel your understanding, knowledge and success.

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Articles published on Kalyan City Life blog are inspired from our work experience, field research, study of various good books and papers, seminars and consultations from subject scholars. Our unique collection of useful study notes is an outcome of a team effort and hard work of Gaurav Akrani, Prof. Mudit Katyani and Manoj Patil.

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What is Production? Definition Meaning Transformation Process



square What is Production? Definition


As per Carl Heyel (16 Feb 1908 - 16 May 2000),

"Production is the process of transforming raw materials or purchased components into finished products for sale."

what is production definition meaning

Image Credits © Moon Rodriguez.


square Meaning of Production


Production is a process of transforming (converting) inputs (raw-materials) into outputs (finished goods). So, production means the creation of goods and services. It is done to satisfy human wants. Thus, production is a process of transformation.


square Process of Transformation


process of transformation

Image Credits © Moon Rodriguez.

The process of transformation is done in the following ways:

  1. Disintegration : Here, one input (raw material) is used to produce many types of output. For e.g. Steel (Input) is used to produce many types of outputs like spoons, knives, plates, etc.
  2. Integration or Assembly : Here, many inputs are used to produce only one output. For e.g. many different inputs are used to produce a car.
  3. Service : Here, the value of the product is increased by providing services, for e.g. after sale service for a TV set.



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