Enrico Fermi Fermi Questions in Everyday Life

Fermi Questions 1
Fermi Questions
Student’s Name
Professor’s Name
Course Name
Date

FERMI QUESTIONS 2
Introduction
During stringent conditions, when there are no resources or time available in making
traditional business assessments, it is often essential to make quick estimates. For instance, when
a company is avoiding heading off ill-advised expenses, it becomes applicable at the idea or
initial stage of developing a product, especially when the rough estimates are gross maximum or
minimum estimates. The economic, scientific, and engineering community has used Fermi's
question as a starting region of gaining insight into the economies of scale or order of magnitude
estimations (Taggart et al., 2007). As shown in diagram below, there are cases when fermi
question are the best alternatives to uncertain scenarios.
A systemic approach that should be followed when solving Fermi questions is not available as
much as numerous solutions are approachable when estimating with the items. Therefore, some
of the authors engaged in developing the methodology had to find a way of implementing it in
traditional business courses (Aldehayyat & Anchor, 2008). Corporations can use these questions
in their job interviewing processes and estimating the company's gross income as a method of
gauging the applicant's analytical skills and gaining insight into the future company's financial
prospects. Therefore, business students need to consider undertaking the course as it could be of

FERMI QUESTIONS 3
importance in future business processes (Friedl & Biloslavo, 2009). In this assessment, three
tasks require gross estimates of the revenue generated in both of the case studies. It is important
to note that time plays an essential role in making estimates when the initial number of customers
cannot be generated.
Task 1
48-hour Schedule
Hand Washing
Bays
Employees Hand washing
Bays
Hours per
day
Total working
Hours
6 4 7 16
8
Total working Minutes (168*60=10,080 minutes)
Hand washing bay minutes (10,080/20= 504 minutes)
Gross Maximum Revenue in a single shift (504*40=$20,160)
Gross Maximum Revenue in a 48-hour Schedule (48/8= 6*20,160=$120960)
Vacuuming Bays
Employees Vacuuming
bays
Hours per
shift
Total Working
Hours
6 2 7 84
Total working Minutes (84*60=5040 minutes)
Vacuuming Bay Minutes (5040/10=504 minutes)

FERMI QUESTIONS 4
Gross Maximum Revenue in a single shift (504*10=$5040)
Gross Maximum Revenue in a 48-hour Schedule (48/8=6*5040=$30,240)
Gross Maximum Revenue in both washing bays ($30,240 + $120,960=$151,200)
Suppose Employee Breaks are included and 75% of 48-Hour Schedule.
75/100*48=36 hour-schedule
Hand Washing
Bay
Employees Hand washing
Bays
Hours per
day
Total working
Hours
6 4 8 19
2
Total working Minutes (192*60=11,520 minutes)
Hand washing bays minutes (11,520/20= 576minutes)
Gross Maximum Revenue in a single shift (576*40=$23,040)
Gross Maximum Revenue in a 36 hour-Schedule (36/8=4.5*23,040=$103,680)
Vacuuming Bays
Employees Vacuuming
bays
Hours per
shift
Total Working
Hours
6 2 8 96
Total working Minutes (96*60=5760 minutes)
Vacuuming Bay Minutes (5760/10=576 minutes)
Gross Maximum Revenue in a single shift (576*10=$5760)