Mock Interview Series: 01 McDonalds Guesstimate 1

  Рет қаралды 24,760

Case Interviews Cracked

Case Interviews Cracked

Күн бұрын

Пікірлер: 22
@kishoremacherla3628
@kishoremacherla3628 2 жыл бұрын
My pov 1st question should i calculate only dine in or parcel? 2nd question is it a week day or a weekend? My approach~ Considering a typical sunday and calculating only dine ins we can go with demand side approach With a 12 day working hour period,lets consider 6 hour peak and non peak period.with a 50 seating capacity and avg consumption time of 20 mins per seat and avg consumption of 1.5 burger per head(including buffer) 225 burgers are consumed per hr during peak period.During non peak hours considering 50% occupancy and avg consumption of 1 burger per head summing upto 75 burgers per hour during non peak hours.Totalling upto (225+75)*6=1800 burgers on a busy sunday
@riddhimataneja
@riddhimataneja Жыл бұрын
Why did you assume 1 burger per head in non peak hours while 1.5 burgers per head in peak hours? Just wonderiing.
@shaansapru6676
@shaansapru6676 2 ай бұрын
This has to be the ultimate guide of how to ruin a guesstimate😂!
@vanshlakhina2162
@vanshlakhina2162 3 жыл бұрын
Making the candidate enact to a true interview was the best approach for preparation. Thanks for delineating the whole process.
@iamindra4995
@iamindra4995 Жыл бұрын
This was the best video so far I have seen, as every candidate commits some mistakes, and through these videos we are getting valuable suggestions and guidance how to tackle adverse situation, I was not looking for the perfect interview at all, was looking for such interview where learnings are the most. Thanks for uploading this video again.
@gossipgirl3.0
@gossipgirl3.0 2 ай бұрын
This has to be the best video. Clear explanation on every point where we can go wrong, loved it! Thank you so much.
@ARYAKITKAT-hc9yx
@ARYAKITKAT-hc9yx 3 ай бұрын
What if you go by a demand side approach in the sense that you divide the population into urban rural, then by class, then calculate avg burger/ person and then take a weighted mean by the burgers consumed/ day. In the end estimate the number of McD outlets and divide the two. I did so and got 1250 burgers/day
@harshvardhansingh8249
@harshvardhansingh8249 4 жыл бұрын
Seriuosly, I don't see a problem with the queue approach. It makes more practical sense. Doing things the hard way doesn't mean it's the correct way. The interviewer is highly fixated on the approach he has thought of. Even the assumptions made by the candidate for the percentage occupancy makes sense. It feels like the interviewer is forcing his ideas on the candidate. This never happens in an interview.
@rohitchauhan8408
@rohitchauhan8408 6 жыл бұрын
I have been searching these type type of tutorials for placement preparation for last 2-3 months .Thank you for this video . keep uploading these kind of videos 😊
@mayankagrawal500
@mayankagrawal500 5 жыл бұрын
How not to do guesstimates 101 XD
@orwellism
@orwellism 4 жыл бұрын
The queue solution makes more sense, if explained clearly.
@vibhugoyal5798
@vibhugoyal5798 5 жыл бұрын
what if we have to consider delivery also here?? How would we proceed in that case??
@I_m_Amit_Kumar
@I_m_Amit_Kumar 5 жыл бұрын
I am not much satisfied with the approach. Differnt outlets have different number of seats and also there is more than 100% most of the time in the peak hours. I believe the the queue idea was good.
@preetsorot2088
@preetsorot2088 4 жыл бұрын
7:13 can you please elaborate why seats occupied and number of people/ hour both being used? shouldn't only one of them should be used since the %occupancy will cover the number of people? Please help me come on board. TIA
@shikharwadhwa9435
@shikharwadhwa9435 4 жыл бұрын
Even though we are using %occupancy, that in itself does not tell you the number of people per hour. So if on average a person spends 30 mins on a seat, then the number of people per hour on the seat would be 2 and total number of people would be %occupancy x 2 . You are right, "number of people per hour" sounds confusing. It should instead be called " number of people per hour per seat"
@suryasaride4784
@suryasaride4784 4 жыл бұрын
It should actually be no of people per hour per seat.
@arshgarg5322
@arshgarg5322 2 жыл бұрын
It is one of the best video for learning the mistakes one could make during the Interview. Thank you so much
@vamsikrishna9854
@vamsikrishna9854 3 жыл бұрын
no of burgers = (burgers/person)*(no of person/hour*seat)*no of hours *no of seats*occupancy burgers/person = 1.50 remains same for peak and non peak lets take one person takes 30 minutes to eat one burger per one seat no.of person/hour*seat = 2 peak hours=4,non peak = 8 no of seats=50 peak occupancy = 90%,non peak occupancy=60% by caluculating peak hour=540 burgers,non peak hours=720 total=1260 burgers sold in a day... seams reasonable to mee....
@TheEuroLad
@TheEuroLad 3 жыл бұрын
lol I solved this problem using the supply side assumption. In an average day I get about 850 burgers sold/day.
@utkarshsaxena6333
@utkarshsaxena6333 6 жыл бұрын
I have an interview lined-up and the timing of this video upload couldn't have been better for me. Thanks a lot!
@harshitmadan6449
@harshitmadan6449 5 жыл бұрын
Were u selected?
@harshitmadan6449
@harshitmadan6449 5 жыл бұрын
Audio is overlapping several times. Also, plz remove background noise. Thank you!
Mock Interview Series: 07 - Electronics Profitability 2
25:00
Case Interviews Cracked
Рет қаралды 18 М.
Mock Interview Series: 02 - McDonalds Guesstimate 2
13:23
Case Interviews Cracked
Рет қаралды 123 М.
Стойкость Фёдора поразила всех!
00:58
МИНУС БАЛЛ
Рет қаралды 7 МЛН
🕊️Valera🕊️
00:34
DO$HIK
Рет қаралды 8 МЛН
小丑家的感情危机!#小丑#天使#家庭
00:15
家庭搞笑日记
Рет қаралды 32 МЛН
Mock Interview Series: 03   Laptops Guesstimate 1
16:39
Case Interviews Cracked
Рет қаралды 52 М.
Guesstimate: Daily toll revenue of Bandra-Worli Sea Link
9:38
The Consulting & Strategy Club, IIM Lucknow
Рет қаралды 86 М.
Mock Interview Preparation: Common Questions with Feedback!
8:38
Career & Experiential Learning at Curry College
Рет қаралды 1,1 МЛН
Mock Interview Series: 06 - Electronics Profitability 1
30:11
Case Interviews Cracked
Рет қаралды 12 М.
Mock Interview Series: 04 - Laptops Guesstimate 2
26:58
Case Interviews Cracked
Рет қаралды 55 М.
Mock Interview Series: 05 - Hotel Profitability 1
25:18
Case Interviews Cracked
Рет қаралды 43 М.
Mock Interview Series: 18   T Rex Unconventional 2
20:20
Case Interviews Cracked
Рет қаралды 4,5 М.
Mock Case Interview at Bain
28:19
Bain & Company
Рет қаралды 277 М.
Mock Interview Series: 12 Solar Lantern 3 | Market Entry
19:31
Case Interviews Cracked
Рет қаралды 48 М.
Стойкость Фёдора поразила всех!
00:58
МИНУС БАЛЛ
Рет қаралды 7 МЛН