capacity

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Related to capacitive: capacitive load, Capacitive reactance

Capacity

Credit grantors' measurement of a person's ability to repay loans.

Capacity

The theoretical maximum number of products a company can produce at a given time. For example, an oil pump may have a capacity of X barrels per day, meaning that it cannot produce more than X. Companies rarely operate at full capacity, both to allow themselves leeway in the event of increased demand and because capacity may not be possible at a given time because of worker illness, machinery maintenance, or other reasons.

capacity

the maximum amount of output that a firm is physically capable of producing, at a point in time, given the fullest and most efficient use of its existing plant or plants.

Over time, a firm may adjust its capacity to meet changes in demand and the competitive situation facing it, investing in new plant or extending existing plant to meet an increase in demand, or closing down plant, permanently or temporarily (‘MOTHBALLING’), to meet a situation of OVERCAPACITY.

When preparing a PRODUCTION BUDGET, it is necessary to ensure that the firm has sufficient production capacity to meet planned output levels. A firm's capacity or the capacity of industry in general may be limited by the availability of capital equipment and labour.

The maximum rate of output which the firm can produce will depend upon the capacity of its individual factories which in turn depends upon the capacity of various departments and work stations within each factory See INPUT-OUTPUT CONTROL, PRODUCTION SCHEDULING, PRODUCTION-LINE BALANCING. See CAPACITY UTILIZATION, LIMITING FACTOR, RATIONALIZATION, INDIVISIBILITIES, CAPACITY CONSTRAINED RESOURCE, CAPACITY CONTROL, CAPACITY CUSHION, CAPACITY PLANNING, CAPACITY REQUIREMENTS PLANNING.

capacity

  1. 1the maximum amount of output that a firm or industry is physically capable of producing given the fullest and most efficient use of its existing plant. In microeconomic theory, the concept of full capacity is specifically related to the cost structures of firms and industries. Industry output is maximized (i.e. full capacity is attained) when all firms produce at the minimum point on their long-run average total cost curves (see PERFECT COMPETITION). If firms fail to produce at this point, then the result is EXCESS CAPACITY.
  2. in macroeconomics, capacity refers to POTENTIAL GROSS NATIONAL PRODUCT. The percentage relationship of actual output in the economy to capacity (i.e. potential national income) shows capacity utilization. See also MONOPOLISTIC COMPETITION.

capacity

The legal ability of parties to enter into contracts.
• Full capacity. Having unlimited ability to enter into binding contracts of all types.
• Limited capacity. Having the ability to enter into binding contracts for certain things, such as a minor's contracts for necessities, but also having the ability to disaffirm other contracts upon reaching legal age, for example.
• No capacity. Having no ability to enter into contracts, such as one who has been adjudicat- ed as mentally incompetent.

References in periodicals archive ?
The findings of the study display that, capacitive touch screens account for the major share in mobile devices market owing to its less cost as compared to other touch screen technologies and its durability in harsh environment.
This report includes the market statistics pertaining to the capacitive sensor market, by sensor type, industry, and geography, along with their respective market size and market volume.
The upshot of mutual differential sensing is that detection of the changes in the capacitive field is quicker and more precise, resulting in better sensitivity levels.
Cypress's CapSense portfolio, the industry's broadest and most integrated, enhances industrial design and reliability with the world's most noise-immune and water-tolerant capacitive touch-sensing interfaces, including proximity sensing, where direct touch is not required.
Our experimental setup is a simple one, which uses the capacitive sensing probe and the measuring module as shown in Fig.
Through a q length of transmission line from the aperture to the capacitive window or inductive window, the equivalent source and source impedance are given by
3-inch capacitive touchscreen that that can be used for viewing videos, playing games and video messaging.
The iLoad Series of digital load/force sensors is based on the company's patented capacitive sensing technology.
Improved capacitive sensors that can be integrated with clothing--a chest belt or shirt--are providing accurate electrocardiogram measurements in a variety of circumstances.
For these applications, non-contact laser measurement sensors have proven to be superior to traditional contact/ mechanical followers or even older capacitive sensors whose repeatability and outputs change with each measurement.
Many applications available to OEM manufacturers for capacitive layer technology, both separately and in combination with resistor technologies, are no longer restricted because the patents that originally described the technology have expired or the technique may be used without restriction.
This is a menu choice on VNAs such as Agilent's performance network analyzer (PNA) and 8510 vector network analyzers, and is chosen because it clearly identifies capacitive, inductive and resistive discontinuities, as shown in Figure 1.