Hi everyone, I have one market sizing question that I encountered during my case interview months ago. Can anybody give me some feedback? BTW, I am still struggling with sanity check. What is the best way to do it? Thanks so much:)
Assess how many people work to deliver food in HK in 2021?
= The total number of ordered meals (total demand) / the number of meals one deliveryman can deliver
1. The number of meal one deliveryman can deliver
One deliveryman one day can deliver 11+12=23 meals
Assume that there are 360 days -> 23meals*360=8280meals/year
2. Total demand
HK population: 8million