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