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The table below gives a detailed forecast of the size of the market by production volume. Assume that KMS expects to capture 10 20% of

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The table below gives a detailed forecast of the size of the market by production volume. Assume that KMS expects to capture 10 20% of the market share in 2019 and expects that percentage will increase by 0 24% per year KMS currently has the capacity to produce a maximum of 1.100.000 unts What production capacity wil KMS require each year? When will an expansion become necessary that is when will production volume exceed 1 100.000 units? Year 2019 2020 2021 2022 2023 2024 Production Volume (000 units) Market Size 10.000 10.404 11 034 11540 12 112 12.718 The Tax Cuts and Jobs Act of 2017 temporanlynows 100% bonus depreciation (offectively expensing capital apenditures) However, we will still include depreciation forecasting in this chapter and in these problems in anticipation of the return of standard depreciation practices during your career KMS's market share for 2010 unts Round to the nearest integer)

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