The Collaborative International Dictionary of English v.0.48:

Production \Pro*duc"tion\, n. [L. productio a lengthening,
   prolonging: cf. F. production. See Produce. ]
   [1913 Webster]
   1. The act or process or producing, bringing forth, or
      exhibiting to view; as, the production of commodities, of
      a witness.
      [1913 Webster]

   2. That which is produced, yielded, or made, whether
      naturally, or by the application of intelligence and
      labor; as, the productions of the earth; the productions
      of handicraft; the productions of intellect or genius.
      [1913 Webster]

   3. The act of lengthening out or prolonging.
      [1913 Webster]

   Syn: Product; produce; fruit; work; performance; composition.
        [1913 Webster]

WordNet (r) 3.0 (2006):

production
    n 1: the act or process of producing something; "Shakespeare's
         production of poetry was enormous"; "the production of
         white blood cells"
    2: a presentation for the stage or screen or radio or
       television; "have you seen the new production of Hamlet?"
    3: an artifact that has been created by someone or some process;
       "they improve their product every year"; "they export most of
       their agricultural production" [syn: product, production]
    4: (law) the act of exhibiting in a court of law; "the appellate
       court demanded the production of all documents"
    5: the quantity of something (as a commodity) that is created
       (usually within a given period of time); "production was up
       in the second quarter" [syn: output, yield, production]
    6: a display that is exaggerated or unduly complicated; "she
       tends to make a big production out of nothing"
    7: (economics) manufacturing or mining or growing something
       (usually in large quantities) for sale; "he introduced more
       efficient methods of production"
    8: the creation of value or wealth by producing goods and
       services

Moby Thesaurus II by Grady Ward, 1.0:

327 Moby Thesaurus words for "production":
   Nachtmusik, absolute music, accomplished fact, accomplishment,
   achievement, act, acta, action, adaptation, adventure, aftermath,
   air varie, aleatory, aleatory music, anatomy, architectonics,
   architecture, arrangement, article, artifact, assembly, attainment,
   autograph, bearing, benefit, best seller, bill, blow, book,
   bound book, brainchild, build, building, bumper crop, carrying out,
   casting, chamber music, chamber orchestra, child, classic, coinage,
   coloring book, composition, computer printout, concoction,
   conformation, constitution, construction, consummation, copy, coup,
   creation, creature, crop, crowning achievement, dealings, debut,
   deed, definitive work, demonstration, descant, development,
   direction, discharge, dispatch, display, distillation, document,
   doing, doings, draft, drama, dress rehearsal, edited version,
   effect, effectuation, effort, electronic music, elongation,
   enactment, end product, end result, endeavor, engrossment,
   enterprise, entertainment, essay, essence, etude, execution,
   exercise, exhibit, exhibition, exploit, exposition, exposure,
   extension, extract, fabric, fabrication, fair copy, fait accompli,
   farewell performance, fashion, fashioning, feat, fiction, film,
   final draft, finished version, first draft, flesh show, flimsy,
   folio, forging, form, format, formation, forming, frame,
   fructification, fruit, fruition, fulfillment, gest, getup, go,
   great work, hand, handiwork, hardback, harmonization, harvest,
   holograph, implementation, incidental music, instrumental music,
   invention, issue, job, juvenile, juvenile book, lengthening,
   letter, limp-cover book, literae scriptae, literary artefact,
   literary production, literature, lucubration, magnum opus, make,
   makeup, making, maneuver, manufacture, manufacturing, manuscript,
   masterpiece, masterwork, matter, measure, mintage, mise-en-scene,
   mission accomplished, mold, molding, motion picture, mounting,
   move, movie, moving picture, multiplication, new mintage, nocturne,
   nonbook, nonfiction, notebook, novel, oeuvre, offspring, opening,
   opera, operation, opus, opuscule, opusculum, orchestration,
   organic structure, organism, organization, original, origination,
   ostentation, outcome, outgrowth, output, overt act, paper,
   paperback, parchment, passage, pattern, patterning, penscript,
   performance, physique, picture book, piece, piece of writing, plan,
   play, playbook, pocket book, poem, prayer book, premiere,
   preparation, presentation, presentment, printed matter, printout,
   proceeding, proceeds, produce, producing, product, program music,
   projection, proliferation, prolification, prolongation,
   protraction, psalmbook, psalter, publication, pullulation,
   putting out, reading matter, realization, recension, rehearsal,
   representation, reproduction, res gestae, result, retrospective,
   ricercar, run-through, score, screed, scrip, script, scrive,
   scroll, second crop, second draft, serial, setting, setup, shape,
   shaping, show, showing, sketchbook, soft-cover, sonata, sonatina,
   songbook, stage management, stage presentation, staging,
   standard work, step, storybook, strain, stretch, stretching,
   string orchestra, string quartet, stringing out, stroke, structure,
   structuring, study, stunt, success, swan song, tectonics, tension,
   texture, the written word, theatrical performance,
   theme and variations, thing, thing done, tissue, title, tome,
   tour de force, trade book, transaction, transcript, transcription,
   trio, tryout, turn, turnout, typescript, undertaking, unfolding,
   unfoldment, unveiling, variation, varnishing day, vernissage,
   version, vintage, volume, walk-through, warp and woof, weave, web,
   work, works, writing, yield