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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 10.35% in
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 10.35% in 2006). What production capacity will Ideko 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.) 2005 Sales Data Market Size (000 units) Market Share Production Volume 000 units) Growth/Year 5.15% 0.55% % Data Table -X (Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Ideko Sales Assumptions Sales Data Growth/Year 2005 Market Size (000 units) 5.15% 10,300 Market Share 0.55% 9.8% 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 10.35% in 2006). What production capacity will Ideko 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.) 2005 Sales Data Market Size (000 units) Market Share Production Volume 000 units) Growth/Year 5.15% 0.55% % Data Table -X (Click on the Icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Ideko Sales Assumptions Sales Data Growth/Year 2005 Market Size (000 units) 5.15% 10,300 Market Share 0.55% 9.8%
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