Match the following terms to the correct definition.
-- An approach to a firm's acquisition of resources that will either lead, lag, or track the customer demand.
-- A capacity acquisition strategy where expansion takes place only after the demand materializes and never exceeds the demand.
-- A capacity acquisition strategy where expansion takes place before the demand materializes and never falls behind the capacity growing requirements.
-- The maximum expected output capability of a resource or system.
-- The expected output capability of a resource or system after accounting for scheduled down time (like for maintenance).
1. Design Capacity
2. Lag the Demand
3. Lead the Demand
4. Effective Capacity
5. Capacity Expansion Strategy



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