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

Smart Meters
Neue Antwort am 24. März 2021
5 Antworten
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Ukasha fragte am 21. März 2021

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

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

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Clara
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antwortete am 22. März 2021
McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

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

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Anonym antwortete am 21. März 2021

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 ;)

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12
Ian
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Content Creator
antwortete am 21. März 2021
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

Henning said it best.

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

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Raj
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antwortete am 22. März 2021
FREE 15MIN CONSULTATION | #1 Strategy& / OW coach | >70 5* reviews |90% offers ⇨ prep-success.super.site | MENA, DE, UK

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

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Gaurav
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Content Creator
antwortete am 24. März 2021
#1 MBB Coach(Placed 750+ in MBBs & 1250+ in Tier2)| The Only 360 coach(Ex-McKinsey + Certified Coach + Active recruiter)

Henning explained it the best!

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