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Anonymous A

on Apr 25, 2019

Global

Estimate the number of convenient stores in Japan

The approaches that I thought are

1. # of people who use convenient store in a week / # of customers of one convenient store in a week

2. # of Tokyo's convenient stores in 1 ㎢ * 2000 ㎢(the area of Tokyo) * (the area of Japan / the area of Tokyo)　(PS: Assume that # of convenient stores are in proportion to the population)

Besides these two approaches, I wonder if there is any other approach to solve this problem.

Regards,

Anonymous

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Top answer

Vlad

Coach

on Apr 26, 2019

McKinsey / Accenture Alum / Got all BIG3 offers / Harvard Business School

Hi,

You can calculate the # of stores per average block and #of blocks in Tokyo (Area of Tokyo / avg size of the block

Best!

Anonymous B

on Apr 25, 2019

A third approach could be to estimate the number of people working at a convenient store in Japan, and how many employees each store has.