A product is the result of the producer's efforts and ability to pool in resources to create a final commodity. Producing someone or something in a court of law for a case is a common legal phenomenon. Production is the output of a commodity created over a specified period of time. Production is also a word (not very often) used to describe something involving a lot of drama and exaggeration, especially put up by someone who is trying to unnecessarily dramatise a situation and make it complicated just for the sake of proving a point. Production is also the act of creating wealth from the activities or processes involved in the manufacturing of goods and services.
into finished goods
I'd say that the process of converting raw materials into finished goods is the best definition, but it's actually much more complicated. Without various aspects like production kpi dashboard, it's hardly possible to run a successful business and produce any products, so it's highly important to rememebr about it.