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The table below gives a detailed forecast of the size of the market by production volume Assume that KX5 expects to capture 10 00% of
The table below gives a detailed forecast of the size of the market by production volume Assume that KX5 expects to capture 10 00% of the market share in 2010 and expects that percentage will increase by 0 29% per year KXS currently has the capacity to produce a maximum of 1,100 000 units What production capacity will KXS require each year? When will an expansion become necessary (that is when will production volume exceed 1,100 000 units)? 2010 2011 2012 2013 2014 2015 Production Volume (000 units) Market Size 10,000 10.412 11,076 11,519 12.164 12.737 KXS's market share for 2010 is units. (Round to the nearest integer.) KXS's market share for 2011 is_ units. (Round to the nearest integer.) KXS's market share for 2012 is units. (Round to the nearest integer.) KXS's market share for 2013 is units. (Round to the nearest integer.) KXS's market share for 2014 is units (Round to the nearest integer.) KXS's market share for 2015 is unils. (Round to the nearest integer.) When will an expansion become necessary (that is when will production volume exceed 1 100 000 units)? (Select the best choice below) O A In 2014, production will exceed 1,100,000 units and production capacity will have to be increased. O B. In 2013, production will exceed 1,100,000 units and production capacity will have to be increased O C. In 2011, production will exceed 1,100,000 units and production capacity will have lo be increased OD. In 2012, production will exceed 1,100,000 units and production capacity will have to be increased
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