Question: please do year 2018,2019,2020,2021,2022,2023 round to nearest integer. The table below gives a detailed forecast of the size of the market by production volume. Assume
The table below gives a detailed forecast of the size of the market by production volume. Assume that KXS expects to capture 10.10% of the market share in 2018 and expects that percentage will increase by 0.24% 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)
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