Hello everyone, was working on the above question. I wanted to know your opinions on the structure. My approach is as follows:
- Population * % of fast-food eaters * % that would eat McDonalds. (this would give me total eaters of McDonald's)
-second step is segment into age assuming even distribution and applying different consumption habits for each age segment. As teenagers people tend to consume McDonald's more frequently than elders. Then I can assume a certain weight of potatoes used in each meal to get to the final number.
And then add a certain % for waste.
Does this approach sound reasonable? Or should I segment into age first then do the same routine?
help will be appreciated
