<P> In economics, a production function relates quantities of physical output of a production process to quantities of physical inputs or factors of production . The production function is one of the key concepts of mainstream neoclassical theories, used to define marginal product and to distinguish allocative efficiency, a key focus of economics . The primary purpose of the production function is to address allocative efficiency in the use of factor inputs in production and the resulting distribution of income to those factors, while abstracting away from the technological problems of achieving technical efficiency, as an engineer or professional manager might understand it . </P> <P> In macroeconomics, aggregate production functions are estimated to create a framework in which to distinguish how much of economic growth to attribute to changes in factor allocation (e.g. the accumulation of physical capital) and how much to attribute to advancing technology . Some non-mainstream economists, however, reject the very concept of an aggregate production function . </P>

Production function helps the management by giving information about
find me the text answering this question