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| Term | Definition |
|---|---|
| Production | The economic process or activity of producing goods and services. |
| Operations | The day-to-day activities for continued business functioning. |
| Inputs | The specific economic resources used in producing goods and services |
| Outputs | The goods and services produced as the result of combining inputs. |
| Planning | Determining how products will be produced and how much of the product to produce. |
| Purchasing | Buying the resources needed. |
| Production Process | The way in which production will be carried out. |
| Scheduling | Determining the time table to follow in production. |
| Dispatching | Issuing orders for production to begin. |
| Follow-up | Make sure products meet standard and are completed according to plan. |