0
What else can I help you with?
Classification of inputs in economics?
-these are inputs that do not change with the volume of production.This means, wheter you produce or not, these factors of production are unchanged. -these inputs change in accordance with the volume of production. NO production means NO variable inputs, while more production means more variable inputs. -sage- :P e-add: sage.ronquillo@yahoo.com
What relationship do production functions indicate between inputs and outputs?
Production functions indicate the relationship between inputs (such as labor and capital) and outputs (goods or services) in a production process. They show how the quantity of inputs affects the quantity of outputs produced.
Man is the most important factor of production. discuss?
Factors of production refers to the inputs of the production process.
Firms purchase inputs for production from households in the .?
hahahaha
A production possibilities frontier is a simple model of?
inputs and outputs
The inputs are used to transformation process to convert inputs to outputs?
In the transformation process, inputs such as raw materials, information, or resources are utilized to create outputs, which can be products, services, or results. This process often involves various activities, including processing, assembling, or analyzing, depending on the nature of the inputs and desired outputs. Effective management of the transformation process is crucial to optimize efficiency and quality in production or service delivery. Ultimately, the goal is to add value to the inputs, resulting in outputs that meet customer needs or organizational objectives.
Classification of inputs in economics?
-these are inputs that do not change with the volume of production.This means, wheter you produce or not, these factors of production are unchanged. -these inputs change in accordance with the volume of production. NO production means NO variable inputs, while more production means more variable inputs. -sage- :P e-add: sage.ronquillo@yahoo.com
What relationship do production functions indicate between inputs and outputs?
Production functions indicate the relationship between inputs (such as labor and capital) and outputs (goods or services) in a production process. They show how the quantity of inputs affects the quantity of outputs produced.
Difference between Operations management and production management?
production management is concerned with those process which convert the inputs into outputs. The inputs are various resources like- raw material ,men,machines,methods etc. & the outputs are good and services.. IN other side, operations management refers to the systematic design, direction and control of processes that transform inputs into services and products for internal as well as external use.
Man is the most important factor of production. discuss?
Factors of production refers to the inputs of the production process.
What is a input economy?
An economy that speciallizes in the production of inputs
Firms purchase inputs for production from households in the .?
hahahaha
What is production concept?
Using different types of inputs to make an output is production. e.g. a firm production wheat. thus production refers to the transformation of inputs or resources into outputs of goods and securities ( education, medicine, banking, communication, transportation)
What is the seven inputs to a technological system?
The seven inputs to a technological system typically include people, information, materials, energy, capital, tools, and time. Each of these elements plays a crucial role in the functioning and efficiency of the system, contributing to the development, production, and operation of technological solutions. Together, they enable the system to convert inputs into desired outputs or products. Understanding these inputs helps in optimizing and managing technological processes effectively.
1 The process of transforming inputs into outputs is called?
production
A production possibilities frontier is a simple model of?
inputs and outputs
Production function relates to?
physical inputs to physical outputs
