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Guesstimate
Asked by : Sprinklr
Problem Statement : Estimate the number of McDonald Burgers
sold in Delhi ?
Clarifying Questions :
Q1 : What duration do we have to take for estimate ?
Ans : In a day.
Q2 : Do we have to calculate for all the stores ?
Ans : Calculate it for one store.
Q3 : Do we have to calculate for any specific variety of burger ?
Ans : No, calculate for all the burgers.
Q4 : Veg burgers or non-veg burgers ?
And : Both
Q5 : Do we have to calculate for any specific user type or all ?
Guesstimate 1
Ans : Calculate it for all user types.
Q6 : Do we have to calculate burgers sold through take in, dining or online delivery
?
Ans : Dining
Q7 : Do we have to calculate it for any specific duration in a day?
Ans : Calculate for all day.
Q8 : This will be a week day or a weekend ?
Ans : Consider it to be a weekend
Approach :
I am following the Top down approach
Equation :
Total # of hamburgers sold in Delhi through one outlet = No. of hours * Avg # of
tables* Avg % occupancy * Avg no. of burgers per person * Avg time taken by a
person to eat.
Lets calculate the working hours
Total working hours = 12 hours
Peak Hours in a day = 1-4 PM and 8-10PM. = Occupancy 100%
10AM to 12 PM is the non-peak hours lets consider occupancy at that time as 30%
For other non-peak hours lets consider the occupancy to be 50%.
Avg # of tables in a outlet = 20
Assuming 3 person seat on each table.
Lets calculate Average no. of burgers eaten by one person -
Guesstimate 2
Lets assume 70% people order only 1 burger and 30% people might order 2
burgers.
Avg burger per person will be = 1.3
There might be some customers that will not order burger but will order fries,
McPuff etc.
Considering this number to be as negligible.
Burger sold in peak hours = 5 hours * 100% occupancy * 20 tables * 3
customers per table * 1.3 burgers per person = 390 burgers
Avg time taken by each customer in an outlet to order and eat = 30 mins.
Total burgers sold in peak hours = 390* 2 = 780 burgers.
Burger sold in non - peak hours = 7 hours * 50% occupancy * 20 seats * 3
customers per table * 1.3 burgers per person + 2 hours * 30% occupancy * 20
seats * 3 customers per table * 1.3 burgers per person = 320 burgers
Avg time taken by each customer in an outlet to order and eat = 30 mins.
Total burgers sold in non-peak hours = 320* 2 = 640 burgers.
Total burgers sold through one store dining in a day = 780+640 = 1420 burgers.
Guesstimate 3