Underproduction

C1 16+
  • Frequency of Use
    15 %
  • Retention Rate
    60 %
  • Complexity
    70 %
  • Underproduction Meanings

    noun a situation in which the amount of goods or services produced is less than what is needed or expected

    Fields related to underproduction

    Economics

    Underproduction refers to a situation where the quantity of goods or services produced is insufficient to meet the demand in the market.

    Manufacturing

    Underproduction can lead to shortages of products, causing delays in delivery and customer dissatisfaction.

    Agriculture

    Underproduction of crops can result in food shortages, leading to increased prices and potential hunger in affected regions.

    Business Management

    Underproduction may occur when a company fails to accurately forecast demand or faces production constraints, impacting profitability.

    Supply Chain Management

    Underproduction can disrupt the supply chain, causing inefficiencies and affecting overall business operations.

    Occupation Usage of underproduction

    Writer

    In the publishing industry, underproduction can refer to a situation where there are not enough books being published to meet the demand of readers. This can result in missed opportunities for writers and publishers to capitalize on popular trends or genres.

    Psychologist

    Psychologists may use the term underproduction to describe a situation where there is a lack of research or resources being devoted to a particular area of study or treatment. This can lead to gaps in knowledge and limited options for patients seeking help.

    Economist

    Economists often use the concept of underproduction to analyze the efficiency of markets and industries. When goods or services are not being produced at their optimal levels, it can lead to inefficiencies, shortages, or missed opportunities for growth.

    Manufacturing Engineer

    In manufacturing, underproduction can refer to a situation where a factory is not producing enough goods to meet customer demand. This can result in lost sales, decreased profits, and inefficiencies in the production process.

    Consolidated Statistics about underproduction

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