Guesstimate: No. of flights taking off from an airport in a day

  Рет қаралды 170,954

The Consulting & Strategy Club, IIM Lucknow

The Consulting & Strategy Club, IIM Lucknow

4 жыл бұрын

This is the first video in mock guesstimate series brought to you by Consulting and Strategy Club, IIM Lucknow where candidate is estimating number of flights taking off from Lucknow airport in a day.

Пікірлер: 72
@dhritirajdas6876
@dhritirajdas6876 3 жыл бұрын
The notes on the side of the screen really helps understand a lot. Excellent video. It helped me a lot. Can you please do a guesstimate on online orders from zomato or swiggy?
@AvinashSingh-wo9rs
@AvinashSingh-wo9rs 3 жыл бұрын
Hello Team, it was a good pass at the guesstimate. Kudos from a fellow alumnus. Additional factor for sanity check of the numbers you come up with. If Lucknow has only one runway and it takes 15 minutes for one plane to land or takeoff. And since airport is operational for 20 hours, total take off and landings possible are 20X4 = 80 (takeoffs & landings) = approx 40 takeoffs. While based on boarding Gates constraint is giving you 3 times the number. Although the number is not important, you need to consider and communicate this factor to the interviewer.
@anirbanchoudhury231
@anirbanchoudhury231 3 жыл бұрын
Can't there be more than just 1 runway?
@rajharsh33
@rajharsh33 3 жыл бұрын
@@anirbanchoudhury231 There can be, but specifically speaking about Lucknow, there is only one.
@tadarsh8128
@tadarsh8128 2 жыл бұрын
@@anirbanchoudhury231 most airports in india with two runways have intersecting runways preventing two take offs simultaneously and there are constraints with the ground support resources like the air traffic tower and taxi lanes preventing the same.
@mayanktyagi1932
@mayanktyagi1932 2 жыл бұрын
Why would it take 15 min it can also take lesser time like even less than 10 min
@applepaul
@applepaul Жыл бұрын
I dont think it takes 15 mins for landing and taking off, maybe around 6 mins would be a good guess (3 mins of take-off - time spent on runway to gain speed and take-off, plus 3 mins buffer before the runway can be safely used again for landing / taking off) Based on this - 20 * 10 = 200 flights take off / land ~ 100 take offs
@Riddheshkotadia
@Riddheshkotadia Жыл бұрын
The video is very informative and the perspective and approach used were excellent. Best things about the whole guesstimate question is the thought process of a person which you guys portrayed fabulously. Please make some more videos on guesstimate as well as some mind exercising questions which will help develop though process of an individual watching the same. Thank you 👍🏻👍🏻👍🏻
@janisharakhtar8075
@janisharakhtar8075 2 жыл бұрын
Appreciate the help, folks. Thank you.
@gaganjakhu714
@gaganjakhu714 3 жыл бұрын
One factor that also we can check is the weather factor. If we are having a bad weather on that day then the no. Of flights taking off would be very less. Although mostly we consider sunny day in such scenario but we should also discuss this point with the interviewer.
@TuringTested01
@TuringTested01 3 жыл бұрын
Wow his estimate is really good, the number of flights are around 140 per day from lucknow and his estimate is 130. Really good estimate
@gandlurulakshminarasimhakr9259
@gandlurulakshminarasimhakr9259 3 жыл бұрын
they already know that bro that is why they have landed at the same number
@rachittyagiyoutube
@rachittyagiyoutube 2 жыл бұрын
Bro one method is regarding creating a formula.. Which one should we focus on demand - supply or formula based ?
@sravangoud9700
@sravangoud9700 2 жыл бұрын
@@rachittyagiyoutube the one with less assumptions u have to make
@kenlandon6130
@kenlandon6130 Жыл бұрын
@@rachittyagiyoutube he used supply because there are only a fixed number of gates
@ankurjaiswal4294
@ankurjaiswal4294 Жыл бұрын
It's a great help....keep doing it......respect.
@kanishkkumar406
@kanishkkumar406 Жыл бұрын
This was very helpful and helped me a lot in preparing for an interview.
@keshavgupta2009
@keshavgupta2009 3 жыл бұрын
Brother had a very calming energy. I think if I can match that, I would be golden for the interviews as I usually tend to panic under pressure.
@aditidixit7295
@aditidixit7295 2 жыл бұрын
How to decide whether need to pick up the supply side or the demand side approach?
@ashishkatariya9090
@ashishkatariya9090 3 жыл бұрын
We have 5 runways. 1 flight takes 50 mins ( round off to an hour). So 5 runways 5 flights in an hour. 24 times 5 = 120. 120 flights in a day. Add or minus flights here.
@sahilali9875
@sahilali9875 Жыл бұрын
5 RUNWAYS??? are you sure?
@kandpalg94
@kandpalg94 3 жыл бұрын
Can we use occupancy approach? Suppose we guess an occupancy number of waiting seats inside the airport post to the check-in journey.
@arindambaruah5419
@arindambaruah5419 Жыл бұрын
Not entirely sure about the layover part. The boarding gates are used for layover flights aswell. A flight has a layover only when passengers need to board at the airport. Shouldn't that have been included in the 8 hours too instead of marking up ?
@theinfluentialmonk
@theinfluentialmonk 3 жыл бұрын
y cant we use (no. of runway * occupancy rate of runway)?
@tokiosingh
@tokiosingh 3 жыл бұрын
How to calculate the road rollers market in India?
@rohanbk5923
@rohanbk5923 3 жыл бұрын
Can anyone help to estimate no of professional cricketers in india using demand side or supply side approach
@prernavadhera3760
@prernavadhera3760 Жыл бұрын
What could have been the approach if the interviewer could have suggested to keep cargo flights into consideration?
@udayjordan4262
@udayjordan4262 Жыл бұрын
it was similar approach to that kindof express toll questions
@manojrangera5955
@manojrangera5955 2 жыл бұрын
Lay over means?..taking 30% of the flight
@Anshul-gy8su
@Anshul-gy8su Ай бұрын
we can have another approach like in peak hours we can assume that in every 10 minutes one flight takes off SImilarly we can scale down for non peak hours
@romitrana8631
@romitrana8631 8 ай бұрын
Where have you used the information of Domestic & International flights? What could be the difference in approach?
@ankitchoudhary72488
@ankitchoudhary72488 2 жыл бұрын
Very beneficial
@LearningBridgeOfficial
@LearningBridgeOfficial Жыл бұрын
Excellent
@sumitpallava1938
@sumitpallava1938 2 жыл бұрын
The multiplication factor is 1.33 and not 0.75 if you are considering 45 minutes to be the boarding time.
@kartikayasahu2914
@kartikayasahu2914 2 жыл бұрын
Hello Club Members, Thank you for such to the point and clear presentation, it's a great learning resource. I have just two questions to clarify: 1) He asked the question about passenger, cargo, domestic and international flights, but he did not factor it while structuring and calculating, so will it be useful on that part as it may so happen that interviewer might question that later?? What does your experience say, please share? 2) Why layover flights were considered separately? as they function in the same way as regular flights and even if during layover the passengers are shifted, then they must not be considered for the take-off right as a normal passenger plane?? Hope I'm clear on my question, thanks again!!
@sudakbhatt
@sudakbhatt 2 жыл бұрын
I have the same doubt as your 2nd point. If anyone knows the answer, please do help.
@arpita199126
@arpita199126 2 жыл бұрын
I believe what they are referring to are "Stopover" flights which only stop momentarily at the airports for refueling or other operational reasons and hence do not require boarding gates to operate (but a caveat is that the assumption that they constitute 30% of these normal flights sounds like a bit of an overestimation to me, so I could be off track as well)
@AK47-666
@AK47-666 Жыл бұрын
Where did he come up with demand side approach and supply side approach?? I mean wtf did that even mean??
@subhamshankar3670
@subhamshankar3670 2 жыл бұрын
Why was he taking 45 minutes?
@kedarnandkhedkar8604
@kedarnandkhedkar8604 3 жыл бұрын
Won't the return flights engage boarding gates?
@RishuKumar-yp6zu
@RishuKumar-yp6zu 2 жыл бұрын
I think Boarding gate wont affect no of passenger at all unless it is taliban like situation
@harshpataskar8359
@harshpataskar8359 Жыл бұрын
passengers of return flights will use arrival gates rather than boarding gates
@AyushMaheshwari-fk1qr
@AyushMaheshwari-fk1qr Жыл бұрын
I guess the number of flights taking off will be different on weekdays, and weekends.
@SS-sy4qw
@SS-sy4qw 5 ай бұрын
Why boarding gates why not runway?
@venkateshkasat6508
@venkateshkasat6508 Жыл бұрын
How 130 came at final ans?
@azimfaruki1853
@azimfaruki1853 3 жыл бұрын
maam can you elaborate why did you divide the hours by 0.75
@The_Moto_Monk
@The_Moto_Monk 3 жыл бұрын
45 mins - 1 boarding: 45/60 = 3/4 = 0.75
@wanderlust4792
@wanderlust4792 3 жыл бұрын
Which tool is used to create the chart, shown on the right side?
@TarunKumar-ed4ke
@TarunKumar-ed4ke 3 жыл бұрын
PowerPoint
@aineshkuadad
@aineshkuadad 3 жыл бұрын
Kaunsi International Flight Lucknow se jaati hai?:/
@TheVibhuraj
@TheVibhuraj 3 жыл бұрын
nepal
@varshanth9029
@varshanth9029 Жыл бұрын
helpful
@shaleenahuja2107
@shaleenahuja2107 4 жыл бұрын
Hi, I wanted to Know if we can follow the bottleneck approach in this case. Instead of Boarding gates, we can consider the number of runways and the time taken by each flight to take off from the runway. For peak hours, it can run to full capacity and for non-peak let's say 80%
@ajaymeena4628
@ajaymeena4628 4 жыл бұрын
from where i have to study for case study .....
@TravelAndMachines
@TravelAndMachines 4 жыл бұрын
Exactly
@aarushijoshi6355
@aarushijoshi6355 4 жыл бұрын
this is exactly what I did
@Ann-mi8fo
@Ann-mi8fo 4 жыл бұрын
Can you explain how to go about this problem with the bottleneck approach?
@SuperMsmystery
@SuperMsmystery 4 жыл бұрын
@@Ann-mi8fo Manoeuvres time on the runway is around 30 mins.that itself limits it to 48 flights per day theoretically per runway
@ananyashyamal6675
@ananyashyamal6675 3 жыл бұрын
why are we dividing 0.75 hours?
@satwikch7938
@satwikch7938 3 жыл бұрын
The guy took an approximate time the fight stays at a boarding gate is 45 mins which are 0.75 hours. So from the total number of active hours taken as a metric, we are dividing time associated which each flight to get the number of flights associated at each boarding gate.
@harshitsingh5201
@harshitsingh5201 4 жыл бұрын
How in the end we can do a sanity check in this guesstimate?
@MAK335
@MAK335 3 жыл бұрын
google the answer bro
@TuringTested01
@TuringTested01 3 жыл бұрын
Wow his estimate is really good, the number of flights are around 140 per day from lucknow and his estimate is 130. Really good estimate
@daredevil_491
@daredevil_491 10 сағат бұрын
@@TuringTested01 he knew it before hand
@rashmi6222
@rashmi6222 2 жыл бұрын
No insights offered.. anyone cud do this... whts somethng which is diff.???? an edge?
@walterrwhitee
@walterrwhitee 5 ай бұрын
The girl's voice resembles Kiara Advani at first glance.
@achintya1044
@achintya1044 3 ай бұрын
kuch to sharam karo bhaijaan
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