Question

explain the process of production with an example​

Answer 1

Explanation:

Hand lotions are an example of a product created through process manufacturing for the personal care and cosmetics industry. Much like beer brewing, hand lotion production involves mixing specific amounts of process inputs to create a complete compound that cannot be broken apart at the end.

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Answer 2

We now know the meaning of production, that production creates or adds utility. There are various processes through which we can achieve the aim of utility creation or addition to ultimately satisfy human wants. These processes are as follows:

Utility of Form

The manufacturing processes that take physical inputs and produce physical outputs, eventually increasing the utility of the resource being manufactures, are integral branches in the production tree. These processes are the most obvious forms of production. They change the form of the goods under concern, in order to satisfy a greater human want.

The manufacturing processes that take physical inputs and produce physical outputs, eventually increasing the utility of the resource being manufactures, are integral branches in the production tree. These processes are the most obvious forms of production. They change the form of the goods under concern, in order to satisfy a greater human want.For example, changing a log of wood into a table or chair is a manufacturing process. Further, such processes add to the utility of form of the raw materials.

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