Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tender Announcement of Vending Machines at MetroBus Stops Istanbul Metropolitan Municipality (IMM) decided to rent out spots at MetroBus stops for vending machines to meet

image text in transcribed

Tender Announcement of Vending Machines at MetroBus Stops Istanbul Metropolitan Municipality (IMM) decided to rent out spots at MetroBus stops for vending machines to meet traveler demands and increase revenue. To ensure transparency and equal treatment, a tender was published on IMM's website. UniVEND saw this opportunity and gave the proposal to IMM. UniVEND's proposal was accepted and the company started to operate in all metrobus stops. Now it is time for you to find optimal plan to locate the vending machines in 8 MetroBus stops According to the agreement: UniVEND is allowed to occupy limited area. For every UniVEND is can occupy at least IMM wants the company to serve at least The agreement is valid for a year. i.e UniVEND will be able to restock the machin UniVEND annually pa n every MetroBus stop. 25,000 TL to IMM. 2 m42 and at most 16 m 2 half of the max. demand. (Hint: Min. Demand- Max. Demand/2) 365 days es 4 times a day Also rent for 1 machine is 20,000 TL per year For additional information see the tables below. Pts Answers UniVEND has a budget of 12,000,000 TL for this project. In order to maximize the profit, find the optimal plan and report the number of machines in the following MetroBus stops. Additional information is provided below Sogutlucesme Fikirtepe Uzuncayir Acibadem Altunizade Burhaniye Mah Bogazici Koprusu Zincirlikuyu Max. Daily Demand for Water Additional Information MetroBus Stops Rent for 1 mA2: Rent for 1 machine: Cost of water: Price of water: Area per machine: Capacity of 1 machine Restocking Capacity 25,000.00 annually 20,000.00 annually Sogutlucesme Fikirtepe Uzuncayir Acibadem Altunizade Burhaniye Mah. Bogazici Koprusu Zincirlikuyu 20,500 2,500 22,000 7,500 10,500 2,000 12,000 27,000 0.35 one bottle 0.50 one bottle 1.00 mA2 bottle of water times a day 250.00 4.00

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Human Resources

Authors: Kelli W. Vito

2nd Edition

0894136941, 978-0894136948

More Books

Students also viewed these Accounting questions

Question

Identify where SRI is practiced and explain how.

Answered: 1 week ago

Question

Define Management by exception

Answered: 1 week ago

Question

Explain the importance of staffing in business organisations

Answered: 1 week ago

Question

What are the types of forms of communication ?

Answered: 1 week ago