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[SOLVED]According to information found on the production analysis page of the Inquirer, Chester sold 1129 units of Cake in the current year

According to information found on the production analysis page of the Inquirer, Chester sold 1129 units of Cake in the current year. Assuming that Cake maintains a constant market share, all the units of Cake are sold in the Nano market segment and the growth rate remains constant, how many years will it be before Cake will not be able to meet future demand unless the company adds production capacity? Exclude any existing inventory.

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honeyd


29-03-21 | 12:24:40

=current capacity*2/ units produced
=570*2/1129
=1 year

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