Career Edge - Let's Solve A Guesstimate-2
Career Edge - Let's Solve A Guesstimate-2
Let's Solve A
Guesstimate
CAREER EDGE
Case problem
ABC consulting firm wants to reach IIT Bombay from
their office in the least time possible on December 1,
2014 (the next placement season). They need you to
figure out the best route. How would you go about
this problem?
CAREER EDGE
Preliminary questions
Interviewee: ABC’s office is at Nariman Point, and IITB
is in Powai, right?
Interviewer: Yes.
Interviewee: How do they travel from the ABC office to
IITB today? Cars?
Interviewer: That is correct.
Interviewee: What would you consider the best-
possible route? The route that takes the least amount
of time to reach the destination?
Interviewer: Yes, exactly.
Interviewee: Are we open to exploring the option of
changing our mode of transport to railways and
airways? I won’t consider waterways since the
geographical features do not permit such a commute.
CAREER EDGE
Overall strategy
Interviewee: Since our overall objective is to reduce
time and
Time = Distance / Speed
We can simplify our objective to:
1. Reducing the distance travelled, and
2. Increasing the Avg. speed
We want to identify factors which can help us achieve
the above 2 sub-objectives.
CAREER EDGE
Problem structuring
Time
(to be reduced)
Distance Speed
(to be reduced) (to be increased)
Driver Traffic
Car Road
CAREER EDGE
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