S1E15: Bain-Style Case Interview Walkthrough
Strategy Simplified
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Is There a Way to Cut Costs?
So we said that the cost per needle is $1.20. If we can cut that by 5% as well, we can keep our revenue as it is and take the 5% hit on volume and still have the same profitability. So let's start with variable costs. How much does it cost? Or what are the components of this cost? Does it? Sure. Just tell me how we do it. Wonderful.
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