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Assume that Ideko's market share will increase by 0.55 percent per year as shown in the table, , (e.g., Ideko's market share will be 10.15%

image text in transcribed Assume that Ideko's market share will increase by 0.55 percent per year as shown in the table, , (e.g., Ideko's market share will be 10.15% in 2006 ). What production capacity will ldeko require each year for the next five years? When will an expansion become necessary (i.e., when will production volume exceed the current level by 50% )? What production capacity will Ideko require each year for the next five years? First compute the projected annual market share. Then, using these projections, calculate the projected annual production volume: (Round the volumes to one decimal place and the percentage of market share to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)

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