I’ve an upcoming interview with Bain, in less than a week . Any pointers on how to structure math better.
Thanks in advance !

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Watch crafting cases videos on this.

Basically should go like this:

1: What are you trying to solve: “Given we are trying hit a profit target I first want to look at revenue given the data we have in this table. I need to solve for revenue and I have volume and price.”

2: How: “Knowing that revenue = volume times price, I can solve this”
…(write math down)
“So I have 1000 units times $10 per unit, which equals $10,000 in revenue.

3. Assess the answer: “$10,000 is good and looks like it could be enough revenue for the client’s goal of $5,000 profit. (*observation*) This would require a margin of 50%, which seems high. (*Insight/hypothesis*) However, I would need to look at costs to see if this level of revenue will achieve the client’s goal. Do we have data on unit cost and fixed investments required to achieve this level of production? (*test hypothesis*)

likehelpful

Thanks for the insight , I’ll check out the videos.

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