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The table below gives a detailed forecast of the size of the market by production volume. Assume that KXS expects to capture 10.10% the capacity

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The table below gives a detailed forecast of the size of the market by production volume. Assume that KXS expects to capture 10.10% the capacity to produce a maximum of 1100 thousand units. What production capacity will KXS require each year? When will an expan 2018 2019 2020 Year Production Volume (000 units) Market Size 10,000 10,486 11,038 KXS's market share for 2018 is 1010 thousand units. (Round to the nearest Integer.) KXS's market share for 2019 is 1083 thousand units. (Round to the nearest integer.) XS's market share for 2020 is thousand units. (Round to the nearest integer.) ure 10.10% of the market share in 2018 and expects that percentage will increase by 0.23% per year. KXS currently has will an expansion become necessary that is, when will production volume exceed 1100 thousand units)? 20 2021 2022 2023 038 11,552 12,145 12,743

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