Answer to Question #297977 in Management for Mark

Question

1 (a) The Finance Officer of Nakura Property Management Enterprise Limited was preparing for a meeting with the Board of Directors of the enterprise to consider the annual release of housing units. During the preparation, the Officer discovered that sales were cyclical and they were 100 units at the peak of the cycle in 2012 and 150 at the peak of 2012, 2016 sales are 200 units of houses. The F.O wanted to estimate the compound growth rate of sales and report the same to the Board of Directors for further consideration and decision-making. For that purpose, estimate the growth rate and based on that rate advise the Board.  

(b) During the meeting with the Board of Directors, one of the directors requested to know the period it would take the enterprise to release 1000 units of houses, the maximum production capacity of the available resources.

Estimate the number of years it would take the enterprise to produce at its maximum capacity.

Answer 1

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