What is another word for production function?

Pronunciation: [pɹədˈʌkʃən fˈʌŋkʃən] (IPA)

A production function refers to the relationship between the inputs or factors of production and the resulting output. There are several synonyms that can be used to refer to this term. One of the common synonyms for production function is manufacturing capability, which also describes how the production process is used to create products. Other synonyms include production output, production process, production efficiency, and production capacity. Each of these synonyms focuses on different aspects of the production process, such as the output level, efficiency, and capacity. Regardless of the terminology used, the aim of a production function is to optimize the use of resources to achieve the desired output, whether it be goods or services.

Synonyms for Production function:

What are the hypernyms for Production function?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Production function

  • The use of isoquants to describe the production function did not develop to any great extent until the thirties.
    Kenneth Boulding

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