Can someone explain why this is the formula for the number of smart-meters?

Question

Calculation: # households/commercial property in Hamburg * Smart Meters per households/commercial property

Answer 1

Hello!

Not sure that I understand what you don´t understand, could you rephrase?

My understanding is that:

Households property in Hamburg * Smart Meters per householdsproperty +

+

Commercial property in Hamburg * Smart Meters per commercial property

=

Total smart meters intalled

Hope it helps!

Cheers,

Clara

Answer 2

Well, it's simple math:

# households * smart meters per household equals # of smart meters installed in households, similarly
# commercial propoerties * smart meters per commercial property equals # of smart meters installed in commercial properties

The sum of these is the total number of smart meters.

Interestingly, the absolute result in the case is wrong though (2.7m). The case assumes 1m households as 60% of 1.7m inhabitants. I have lived in Hamburg and I can assure there are households with more than one inhabitant ;)

Answer 3

Hi there,

Henning said it best.

If you're looking for more practice writing out formulas in case contexts I'd highly recommend RocketBlocks!

Answer 4

For anyone else who is preparing for case interviews, I’ve put together this material that covers virtually all the formulas you need:

Cheatsheet: The Must-Know Consulting Terms for Interviews

Best,

Cristian

Answer 5

Because there will be one smart meter per house, just as there is one broadband connection per house

Answer 6

Henning explained it the best!

Answer 7

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