Question
Assume that Ideko's market share will increase by 0.55 percent per year (e.g., Ideko's market share will be 10.75% in 2006). What Production capacity will
Assume that Ideko's market share will increase by 0.55 percent per year (e.g., Ideko's market share will be 10.75% 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%)?
Ideko sales assumptions
sales data Market size (000units) Market share growth/year for market size is 4.90%. 2005 9,900 Market share growth is 0.55% 2005 10.2%
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.) Sales data Growth/year 2005 Market size 4.90% 9,900 Market share 0.55% 10.2% Sales data Growth/year 2005 market size (000) units 5% blank market share 0.50% blank % Production volume (000 units) blank I need answers for the blank spots
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