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The table below gives a detained forecast of the size of the market by production volume. Assume that KMS expects to capture 10.00% of the

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The table below gives a detained forecast of the size of the market by production volume. Assume that KMS expects to capture 10.00% of the market share in 2019 and expects that percentage will increase by 022% per year KMS currently has the capacity to produce a maximum of 1,100,000 units What production capacity wil KMS require each year? When Wil 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 10.462 11.014 11,528 12,103 12.773 The Tax cuts and Jobs Act of 2017 temporary allow 100% bonus depreciation (effectively expensing capital expenditures) However, we will include depreciation forecasting in this chapter ind in these problems in anticipation of the return of standard depreciation practices during your careet KMS's market share for 2010 1000000 units (Round to the nearest Integer KMS market share for 2020 unts (Round to the nearest Integer

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