The size of the tank depends on the application: drag race, road race, pulling truck, etc.
The number of stages is the number of scavenge points plus the "push" side. So for instance, if you have 3 pickups in the pan, 1 from the lifter valley or valve cover, and then a pressure side, then you have a 5 stage oil pump: 4 sucks and 1 blow.
Some pumps are strong enough that they will act as a vacuum pump as well, so you can have 3 pickups in the pan, 1 scavenge point in the lifter valley, and then a point that acts as a vacuum point. That would be a 6 stage pump.