The term "production capacity" refers to the maximum amount of goods or services that a business can produce within a given period. There are several synonyms used for this word, including production capability, manufacturing output, production output, manufacturing capacity, industrial capacity, and production efficiency. These terms are often used interchangeably to express the same concept. Production capacity is a key performance indicator for any manufacturing company as it determines the level of productivity and efficiency of the business. As such, it is essential to monitor and optimize production capacity to meet customer demand, drive growth, and remain competitive in the industry.