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Every production company adds value to the material it purchases in order to sell those at a profit. Thus inputs are everything necessary to add value to a product and outputs are the products that can be sold after the value has been added.

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16y ago

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What are inputs and outputs?

An input can be information or even power to a system. A switch or number. It will take this and after either computation, comparison or consumption do work of some kind. That is output. It can take many forms.


What is meant by the term 'inputs credit scheme'?

An Inputs credit scheme is an arrangement between a farmer and a contractor where the contractor provides inputs on credit to be repaid on sale of produce by the farmer.see also contract farming.


What does TFR ER bank term mean?

TFR ER, or Total Factor Productivity for Economic Regions, refers to a measure of the efficiency and productivity of all inputs used in the production of goods and services within a specific economic area. It takes into account various factors, including labor, capital, and technology, to assess how effectively these inputs are transformed into outputs. This metric is often used in economic analyses to compare productivity levels across different regions or sectors.


Why invest in business process management tools?

The customary definition of BPM goes as takes after, "BPM is an approach or concept that tries to streamline all the aspects of business inside an association to accomplish visibility and proficiency while attempting to constantly innovate and improve the process. It must be used and implemented in a manner to bridge gap between business and technology". Business process is basically an institutionalised way to convert a set of inputs into desired output that the client would find it more valuable.Business Process Management is a process centric approach for improving business performance as well as it combines Information Technology with governance methodologies. Business Process Management (BPM) tools are utilized for automation, measuring and optimizing business processes. BPM tools use workflow and coordinated effort to provide significant metrics to business leaders.


Inputs to the financial information system?

transaction data

Related Questions

Whats the difference between inputs and outputs in economics?

The inputs refers to things that come into an economy they are usually raw materials. The outputs on the other hand refer to the finished goods.


Difference between truth table and excitation table?

truth table contains inputs and excitation table takes outputs as inputs


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.


What are the inputs and outputs for a fan?

The number & types of inputs & outputs will vary with the complexity of the VFD & serve as a means of comparison between manufacturers of variable frequency drives. VFD inputs & outputs are either digital or analog signals. Digital inputs & outputs have two states (either on or off), while analog inputs & outputs have many states that vary across a range of values.


What is the difference between differential and linear cryptanalysis?

The main difference from linear attack is that differential attack involves comparing the XOR of two inputs to the XOR of the corresponding outputs.


How many number of inputs and outputs will a full adder will have?

3 inputs and 2 outputs


The difference between fixed and variable inputs?

difference between fixed and variable inputs


What term implies the logical relationship between the inputs and the outputs?

Transfer function.


Difference between analog simulator and digital simulator?

The big difference is inputs and outputs. Digital ICs expect high/low true/false inputs and outputs. Analog ICs take any inputs, and produce outputs of any level. For example, an audio amplifier is an analog IC. It takes an analog input (sound), and produces an analog output (louder sound). A ripple counter is an example of a digital IC. It takes a digital input (clock pulses), and produces a number of digital outputs (the digital outputs of the flip flops, collectively representing a number in binary).


What are some transformation processes from inputs into outputs?

Facilities and staff are some transformation processes from inputs into outputs.


What is the difference between software that is determinate and software that is indeterminate?

<1>. Software that is determinte: the order and timing of its inputs, processing, and outputs is predictable. <2>. Software that is indeterminate: the order and timing of its input, processing, and outputs is not predictable in advance.


How has IKEA managed to minimize threats to its business?

IKEA's business model with regards to inputs, transformation and outputs and what value add do they provide.