ABSTRACT
Industrial production is one kind of material production. It can generally be divided into three parts: The extraction of natural resources or minerals. The processing of agricultural products, such as flour milling, rice milling, oil pressing, sugar making, spinning, livestock slaughtering, milk refining, leather tanning, and so forth, Manufacturing or repairing, such as the smelting of metallic ores into metals, the making of machines from metals, the generation of electricity from various fuels, machine repairing, and so forth. The list of products is a very important document in formulating plans. In compiling the list of products, the organs at the higher levels should realistically study and determine its content according to both the principle of management by levels and the needs of production, supply, and sale. Rate of Utilization of Production Capacity. "Production capacity" refers to the maximum possible output in a given period of time.
