Efficient production refers to the process of maximizing output while minimizing waste, time, and resources. It involves streamlining operations, optimizing workflow, and implementing strategies to achieve higher levels of productivity.
Related terms
Division of labor: A system where work is divided into smaller specialized tasks performed by different workers, increasing efficiency.
Mechanization: The introduction of machinery into a production process to automate tasks previously done manually.
Mass production: The large-scale manufacture of standardized products using assembly line methods, resulting in high output rates and lower costs.