How do you calculate the percentage of customers (80%) who have to buy the warranty to keep a stable profit margin in the last question?
Victoria, happy to help but I struggle to understand the question for now. Can you provide more details as to what you don't understand?
Also, adding here a resource for common terms that show up in case interviews. Might help you and others as well who stumble upon this case:
Best,
Cristian
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Practicing for interviews? Check out my latest case based on a first-round MBB interview >>> SoyTechnologies
Hi Victoria,
Help us help you!
Which specific part of the case are you referring to? And where is your confusion? (Screenshots help!)
Sorry for the inconvenience. I'm referring to the question under analysis 2: Which percentage of customers has to buy the warranty in order to keep WyCar’s profit margin from model “300” stable?
I see Idea 1, 2, and 3 as sections
Hi Victoria,
We need more details on your question. Happy to keep talking un private, just send me a message.
Best,
Alberto
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Check out my latest case based on a real MBB interview: Sierra Springs
Sorry for the inconvenience. I'm referring to the question under analysis 2: Which percentage of customers has to buy the warranty in order to keep WyCar’s profit margin from model “300” stable? I'm confused about how could we get the 80% in the answer?