Given the following facts, you are required to compute the market size for the cigarettes industry in Malaysia in terms of volume (sticks) and its retail value (RM million):

(i) Number of Malaysian smokers: 5 million

( ii) Average number of sticks smoked per day: 12

(iii) Average manufacturer's selling price per pack of 20 sticks: RM 15

(iv) Average retailer's selling price per pack of 20 sticks: RM 18

(v) there are 365 days or 52 weeks in a year.