Factors of Production Quiz

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process of transforming inputs into outputs

Operations Management

are the resources used to create outputs such as labor, materials and capital.

Study Notes

Production Process

  • The process of transforming inputs into outputs is a fundamental concept in production.

Inputs

  • Inputs are the resources used to create outputs.
  • Examples of inputs include:
    • Labor
    • Materials
    • Capital

Test your knowledge on the resources used to transform inputs into outputs, such as labor, materials, and capital.

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