5+ INPUTS: Resource: Raw material Labour. and how much of each resource FACTORY: Production process: how much of each of the inputs per unit output OUTPUTS: What products to manufacture THE BUSINESS OBJECTIVE: To maximise profit, to minimise costs INPUTS: Resource: Raw material, Labour…and how much of each resource  FACTORY: Production process: how much of each of the inputs per unit output.  OUTPUTS: What products to manufacture.  THE BUSINESS OBJECTIVE: To maximise profit, to minimise costs