Corn production for grain is forecast at 16.7 billion bushels, up 13 percent from 2024, which if realized would be the highest production for grain on record for the United States.

World production of sugar crops increased by 122 million tonnes between 2022 and 2023. Sugar cane was by far the main sugar crop, with more than 2 billion tonnes in 2023 compared to 281 million …

The term production management is used for a system where tangible goods are produced, whereas, the term operations is used both for production of tangible goods and intangible services such as that …

Soybean production in 2025 totaled 4.26 billion bushels, down 3 percent from 2024. The average yield per acre was estimated at a record high 53.0 bushels per acre, up 2.3 bushels from 2024. Harvested …

Under IRC 263A, taxpayers must capitalize direct costs and an allocable share of indirect costs to property they produce. To determine these capitalizable costs, taxpayers must allocate or apportion …

Before defining production function we should understand the following concepts related to production function:

The chain of production shown in the figure consists of several industrial processes and also commercial services such as transport and storage to link the producer to the final consumer.