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Daily Consumption rate vs full refill of cars at petrol station [Gas Station Case, Intermediate]

demand gas station Market sizing

Most recent answer on Sep 21, 2023

Anonymous gave the best answer on Sep 21, 2023

Dear, Great question! Allow me to provide clarification on why the proposed solution is correct. The two numbers you are comparing represent the demand and the supply. Regarding the demand side, as per the assumptions o ... (read entire answer)

1
Answer

986
Views

11
Total Upvotes

on Sep 21, 2023 on Sep 21, 2023
Last Activity

Which of the following would be helpful in understanding a product's demand curve?

demand demand and supply

Question edited on Aug 11, 2021

gave the best answer on Aug 11, 2021

Hi there, The answer is c AND d…both are literally the definition of a demand curve! So, the demand curve is essentially how many units I will sell at a given price. As prices go up, fewer people will buy (generally ... (read entire answer)

1
Answer

1.0 k
Views

16
Total Upvotes

on Aug 11, 2021 on Aug 11, 2021
Last Activity

Demand forecast

demand

Question edited on Jun 29, 2021

gave the best answer on Jun 29, 2021

Hi there, Quite simply, by using technology. You'll need to bring in an inventory management system and data analytics.

2
Answers

907
Views

8
Total Upvotes

on Jun 29, 2021 on Jun 29, 2021
Last Activity

Looking for exciting discussions from the community?

Company demand vs. market demand

demand demand and supply industry industry trend Market analysis market dynamics

Most recent answer on Apr 12, 2021

Clara

Expert

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Clara

Expert

gave the best answer on Apr 12, 2021

McKinsey | Awarded professor at Master in Management @ IE | MBA at MIT |+180 students coached | Integrated FIT Guide aut

Hello! I think it´s pretty simple! Just compair their maket share with: The market share from the top 20 biggest players n the industry The # of players in the industry´s long tail And that´s it, simple co ... (read entire answer)

2
Answers

1.2 k
Views

23
Total Upvotes

on Apr 12, 2021 on Apr 12, 2021
Last Activity

Drivers and future demand for T&M service models in IT services market

demand drivers of growth IT Services

Most recent answer on Apr 09, 2021

Adi

Expert

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Adi

Expert

gave the best answer on Apr 09, 2021

Accenture, Deloitte | Precision Case Prep | Experienced Interviewer & Career Coach | 15 years professional experience

Hi Roberto, Yours is a layered question :). So let me pick out the key elements: Taxonomy as you say- T&M, MS, Fixed Price etc This is not specific to Spain or Europe, but used world over by organisations dep ... (read entire answer)

1
Answer

1.4 k
Views

19
Total Upvotes

on Apr 09, 2021 on Apr 09, 2021
Last Activity

What is currently the market (country/city) with the highest growing demand in terms of management and strategy consulting?

consulting firms consulting job demand

Recent activity on Apr 06, 2018

Vlad

Expert

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

Vlad

Expert

gave the best answer on Apr 05, 2018

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

Hi, The fastest growing ranking is: Australia (Sydney, Perth, Melbourne) - the fastest growing now. it's literally booming in retail and heavy industries Dubai - Mostly government projects + projects in the regi ... (read entire answer)

4
Answers

3.4 k
Views

4
Total Upvotes

on Apr 06, 2018 on Apr 06, 2018
Last Activity

What would be a solution to a highly variable demand product that is impossible to forecast?

demand variable

Recent activity on Mar 17, 2018

Sidi

Expert

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Sidi

Expert

gave the best answer on Mar 16, 2018

McKinsey Senior EM & BCG Consultant | Interviewer at McK & BCG for 7 years | Coached 350+ candidates secure MBB offers

Just a quick thought: the decision whether to produce or abort this product would be contingent on two notions: 1. The capacity to flexibly react to demand fluctuations (i.e., close to zero set-up cost for production ... (read entire answer)

4
Answers

3.7 k
Views

10
Total Upvotes

on Mar 17, 2018 on Mar 17, 2018
Last Activity

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