What is production?

Production is a process in which finished products or services are made from raw materials or components. Production can take place in different ways and in different industries, but in general it includes the procurement of raw materials, their processing and processing, and finally the manufacture and distribution of the finished product.

Production can be divided into different areas, such as manufacturing, service and process industries. In the manufacturing industry, production often takes place in factories and includes, for example, the manufacture of machines and equipment. In the service industry, on the other hand, production can be, for example, offering restaurant services or developing software.

Production efficiency and quality are constantly being improved with the help of different production methods and technologies. Lean production and Six Sigma are examples of methods that aim to reduce waste and improve the quality of processes.

Sources: Wikipedia