Capacity refers to the maximum output that can be produced within a certain time period. Capacity utilization is the percentage of actual output relative to potential maximum output. Efficiency measures the ratio of actual output to inputs used to produce that output. Basic strategies for timing capacity investments include adjusting capacity before demand reaches full capacity or building additional short-term capacity to meet temporary demand increases.

1. 1 What is capacity and explain inputs and outputs
briefly?
2 Define the capacity, utilization and efficiency
In mathematical models ?
3 what is basic strategy for timing capacities
explain briefly?
4 explain adjustments of crp?
5 explain economic scale and diseconomy scale of
crp?