{tocify} {$title=Table of Contents} Production Function “The relation between a firm’s physical production (output) and the material factors of production (inputs).” Was this helpful? YesNo 0 / 0 Related ArticlesHow to Calculate Your Break-even Point with Equation MethodsBreaking Even: Determine Your Sales Level to Achieve Profit4 Big Challenges of Cost Classification in Business ManagementProduction Planning Control (PPC) | Best Meaning, Definition, Useful FunctionsProf. George J. Stigler | Production Function : Meaning, DefinitionProf. L.R. Klein : Production Function : Meaning, Definition