How to solve Guesstimate Questions in Interviews: What is the revenue of Domino's?
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- เผยแพร่เมื่อ 25 มิ.ย. 2024
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Watch the solution for popular Guesstimate questions for placement by an IIM Bangalore & IIT Kanpur Alumni. Guesstimate questions are prevalent in consulting interviews, product management interviews,
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The given guesstimate approach is one of the ways to solve the problem, there can be other ways to solve the same problem. This will help you in guesstimate case interviews.
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best channel on youtube for understanding guesstimates
this is the best channel and explain every question in detailed way.
best channel
Another question we can ask is about if business is B2B or B2C?
That's a good view point
Best channel 👌 👌. Also can you make a longer video explaining when to use demand side and supply side and providing examples of each
Yes planning to make a video on this as well, currently business cases Interviews are in pipeline.
Hare Krishna bhaiya 😊
Thank you so much ❤
How would you go about estimating number of petrol pumps in india?
Sure will do that
Your videos are really good 👍
Thanks a lot sir
Glad you like it
How 60/15 ?? can ypu please clarify ? How did you get 60 to be more specific?
60 mins divided by 15 mins. To calculate how many times an oven can bake in 1 hr= 4 times
Can you make a video for No. of tennis balls bought in India in a month?♥♥♥♥
_On a very high level this is what I can think of_ -
*Number of balls bought* ≈ Urban population (%) * Age group (%) * Participation rate (%) * Play sessions/month * Balls/session * Players/urban area * Number of urban areas / Ball lifespan (months)
Thanks
Welcome
When to apply “ demand side” approach and when to apply “supply side” approach? Is there any concept to understand this?
Yes planning to make a video on this as well, currently business cases Interviews are in pipeline.
Please make the video of demand and supply side.
Yess plz make a video how to understand it
can you please tell me from where this 0.8 came from
Discount is 20% so the total value after discount will the 80% of the price , hence 0.8
The discount is 20% so the total value after the discount will be 80% of the price, hence 0.8 because we only have 80% out of 100% as 20% is gone by giving discounts.
could we just ask about how many other pizza shops are there in that area
Yes you can ask if you are going to solve it via demand side
Hi, what is 0.8 at the end? I didn't understand
That is taking discount into calculation if discount is 20% then revenue will be 80% of price that is 350
Yes that' correct
Can you explain what the AOV is?
Average Order Value
@@technomanagers How did you come up with 350 for that? Is it in USD?
@@hallehammond478 on average a Medium Pizza costs 350Rs only