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the inventory should decrease over time, not stabilize

Oliver Wyman case: Setting up a Wine Cellar
New answer on Oct 04, 2023
3 Answers
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Zeyar asked on Oct 04, 2023

 

cost of wine bottle to drink = $30

monthly budget for drinking =  $300
consumption/week = 2 bottles

consumption/month = 10 bottles

gift/month  = 2 bottles

cost per month = (10 consumption + 2 gift )  x 30 = 360 → -2 deficit → drink from investment bottles → can't sell 120 in the 5th year

your calculation is wrong because you overlooked the gift part. otherwise its not bad. just a silly mistake but a consultant case should be of a good quality no?

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Cristian
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Content Creator
replied on Oct 04, 2023
#1 rated MBB & McKinsey Coach

I had a mentor in McKinsey who was saying that perfection is the enemy of done. Same here :)

Great that you spotted the mistakes and hopefully the author will correct it. It's indeed virtually impossible to build perfect cases. Even in the interview you're likely to come across some errors. 

Best,
Cristian

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Practicing for interviews? Check out my latest case based on a first-round MBB interview >>> SoyTechnologies  

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Zeyar on Oct 04, 2023

i would definitely be against spending a load of money on a consulting firm if they make such silly mistakes and make pretty powerpoints to say things what we already knew 10 years ago unless I have some convincing to be done internally to those who don't listen to common sense :)

Alberto
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replied on Oct 04, 2023
Ex-McKinsey Associate Partner | +15 years in consulting | +200 McKinsey 1st & 2nd round interviews

Thanks for spotting and reporting the mistake :)

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Ian
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Content Creator
replied on Oct 04, 2023
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi Zeyar,

I recommend you try to write a case and see how you go!

You'll find it's quite easy to have 1 or two mistakes by the end of it all :)

Should it be edited when there's a mistake? Absolutely! That said, probably 30% of cases I've seen (even ones I really like) have some sort of mistake.

But yes, a consultant case *should* be perfect in an ideal world.

Looking forward to seeing your case :)

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Zeyar on Oct 04, 2023

When I first started solving cases, I was confused by some of the answers. Because we use these cases to learn something, wouldn't it be better if only say 1% contain wrong solutions and but not 30%? :) it would be less confusing for starters

Ian on Oct 05, 2023

I look forward to seeing the FREE casebook of 15 cases you create that has a 1% error rate :)

Zeyar on Oct 06, 2023

your sarcasm, smugness, passive aggressiveness and lack of respect is duly noted. I do not need to prove myself to you :)

(edited)

Cristian gave the best answer

Cristian

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