Guesstimates: Consultancy Wing

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GUESSTIMATES

Consultancy Wing

Dated:- 12/06/2022
Ability to think Logical reasoning
Quantitative skills Communication
Approach and structure and presentation

KICK YOUR
BRAIN
Have you ever thought of how many
golf balls would fit into an airplane?
Top-down approach is all about breaking
a bigger problem into smaller fragments.
These are then further broken down into
smaller fragments until they can no
longer be fragmented.
Bottom up approach begins at the
very basic level and builds up as we
move up. Smaller problems at the
fundamental level are solved and then
integrated into a whole and complete
solution.
Find the number of buses in
Kolkata.
Estimate the daily revenue
of dominos pizza in
Kolkata.
Calculations
An outlet works for 12 hours from
11:00 am to 11:00 pm.
Considering peak hours as 1:00 pm
ASSUMPTIONS to 3:00 pm and 8:00 pm to 11:00 pm.
Duration is 5 hours.
Therefore non-peak duration is 7
30 dominos outlets hours.
estimation done on a weekday
the only source of revenue is selling pizzas.
Considering, a peak hour gets 20
orders and non-peak hours get 10
orders for an outlet.
The average price of a pizza is 200
rupees.
Therefore revenue = sales*average price of product

So here, revenue for 30 outlets=


30 (20*200*5 + 10*200*7)
= 440000

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