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Wharton 2017 casebook math!

Hi all, below is the chart from the Wharton casebook 2017- Case 10 mining. We are supposed to find out the price for Iron Ore from this chart. But how? Based on the answer they provided, there seems to be a curve above this chart. Does anyone have the right version of the book that includes the curve. Otherwise, I really don't know how to find out the price. 

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Hagen
Coach
bearbeitet am 16. Feb. 2023
#1 recommended coach | >95% success rate | 9+ years consulting, interviewing and coaching experience

Hi there,

I would be happy to share my thoughts on it:

  • It seems like the exhibit is missing the line chart that was mentioned, indeed.
  • Unfortunately, I haven't seen any other version of the Wharton 2017 case book that includes the line chart mentioned either. As such, I would advise you to skip this question or even the case study altogether.

If you would like a more detailed discussion on how to best prepare for your upcoming consulting interviews, please don't hesitate to contact me directly.

Best,

Hagen

am 16. Feb. 2023
Ex-BCG Principal | 8+ years consulting experience in SEA | BCG top interviewer & top performer

Hi,

I took a quick look at the case book. Yes it appears the graph in the book is missing a horizontal line which should indicate the price.

This is a commodity industry and what you are seeing is a marginal cost curve. The horizontal line indicates what the market price is (whether current or predicted).

You have 2 options:

  1. Skip this question
  2. Get someone to case you to edit this graph and draw a line (the case book also has the answer / explanation of how the line that is missing looks like)

All the best!

Anonym A
am 16. Feb. 2023
Thank you two!
Ian
Coach
am 16. Feb. 2023
Top US BCG / MBB Coach - 5,000 sessions |Tech, Platinion, Big 4 | 9/9 personal interviews passed | 95% candidate success

Hi there,

Agreed with the others. It's quite common a case has a mistake or two!

Rushabh
Coach
am 22. Feb. 2023
Limited Availability | BCG Expert | Middle East Expert | 100+ Mocks Delivered | IESE & NYU MBA | Ex-KPMG Dxb Consultant

Hello,

Agree with the other coaches here!

Best,

Rushabh

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