What is in the production of co -product?
The co -product is when the manufacturer produces two similar products simultaneously. A co -product may also be a product that is produced after another product due to the similarities between the two products. Although the products are not the same or similar, if the process of making these two products is the same or similar, then it is also a co -productive situation.
One example of co -product is Airbus and Ariane. These products are produced by production plants widespread throughout Europe. They are co -products because both items have similar parts and production process.
often co -products require that different manufacturers produce parts for co -products. These different parts are then connected to create the same end product. While various manufacturing companies in Europe produce different parts, at the end of the parts they go to the production of Ariane missiles and Airbus aircraft.
In Addition to share parts, co -production may also include sharing other elements. The co -product may be, for example, sharing key staff, employees orEmployees among more than one manufacturing company. It can also relate to an agreement between more than one company to share technology such as computers, software, machinery or equipment.
Another good example of co -product comes from production plants in Iowa. These plants are responsible for the industry industry. The state grows plants that produce ethanol, corn sweeteners and corn oil. During production processes in a dry mill and wet mills, they are also able to produce cattle feeding at the same time as a co -product.
There is another type of co -product in the package. At that time, the product that goes into the packaging is the same, but the labels and branding for packaging are different. For example, a production plant that produces and green beans can produce canned green beans for the name of the brand of vegetable society and the generic brand of shop. While the labels are different, the content issame.
situations may occur with other items. The bike manufacturer can produce bikes for two different companies. When the wheels are produced in the same plant, it is a co -productive situation. If two bike manufacturers get parts for making their own wheels from the same places, then it is also a co -productive situation.