o·ver·pro·duc·tion

[oh-ver-pruh-duhk-shuhn]
noun
excessive production; production in excess of need or stipulated amount.

Origin:
1815–25; over- + production

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Collins
World English Dictionary
overproduction (ˌəʊvəprəˈdʌkʃən) [Click for IPA pronunciation guide]
 
n
the production of more of a product or commodity than is required

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Overproduction is always a great word to know.
So is bezoar. Does it mean:
a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.
a scrap or morsel of food left at a meal.
Etymonline
Word Origin & History

overproduction
1822, from over + production (q.v.).
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The result was overproduction, a flooded market, and a worldwide downward
  spiral of farm prices.
The goal of the organization is to regulate the oil market and avoid
  overproduction.
Such overproduction is simply the cost of doing business.
Foreign investors have faced their own pricing troubles in a world gas market
  that faces overproduction.
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