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Please hlep for yrs 2018-2023, Thank you! The table below gives a detailed forecast of the size of the market by production volume Assume that
Please hlep for yrs 2018-2023, Thank you!
The table below gives a detailed forecast of the size of the market by production volume Assume that KXS expects to capture 1000% of the market share in 2018 and expects that percentage will increase by 0 29% per year KXS currently has the capacity to produce a maximum of 1100 thousand units What production Capacity will kxs require each year? When will an expansion become necessary (that is when will production volume exceed 1100 thousand units)? Year 2019 2020 2021 2022 2023 Production Volume (000 units) Market Size 10 000 10.422 11037 11,595 12 112 12.713 2018 KXS's market share for 2018 15 thousand units (Round to the nearest inteper) Step by Step Solution
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