Question

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 IMMs website. UniVEND saw this opportunity and gave the proposal to IMM. UniVENDs 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

0 0
Add a comment Improve this question Transcribed image text
Answer #1

1.A . Which Metro Bus stop has the highest daily demand of water : Zincirlikuyu with 27,000

1.B.Which Metro Bus stop has the lowest daily demand of water : BurhaniyeMah. 2,000

1.C What is the total daily demand of water: 1,04,000.

Answer 2)

Metro Bus Max Daily demand Capacity of machine Restroing capacity total capacity of machine (250*4) Number of machine=Max demand/Total capacity Number of machine (rounding) rent of space(@25000 TL) Rent of machine(@ 20000) Total rent cost Cost of water (@0.35) Total annual cost Revenue of sales(@0.50) Profit(Revenue-Total cost)
Sogulucesme 20500 250 4 1000 20.5 21 525000 420000 945000 2618875 3563875 3741250 177375
Flkirtepe 2500 250 4 1000 2.5 3 75000 60000 135000 319375 454375 456250 1875
Uzuncayir 22000 250 4 1000 22 22 550000 440000 990000 2810500 3800500 4015000 214500
Acibadem 7500 250 4 1000 7.5 8 200000 160000 360000 958125 1318125 1368750 50625
Altunizade 10500 250 4 1000 10.5 11 275000 220000 495000 1341375 1836375 1916250 79875
Burhaniye Mah. 2000 250 4 1000 2 2 50000 40000 90000 255500 345500 365000 19500
Bogazici Kprusu 12000 250 4 1000 12 12 300000 240000 540000 1533000 2073000 2190000 117000
Zincirlikuyu 27000 250 4 1000 27 27 675000 540000 1215000 3449250 4664250 4927500 263250
Total demand 104000 Total Cost 4770000 Total Profit 924000
SUM(C2:C9) Budget 12000000
Budget Left(budget-Total cost) 7230000

Answer 3)

Budget Left(budget-Total cost) 7230000
Add a comment
Know the answer?
Add Answer to:
Tender Announcement of Vending Machines at MetroBus Stops Istanbul Metropolitan Municipality (IMM) decided to rent out...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Tender Announcement of Vending Machines at MetroBus Stops Istanbul Metropolitan Municipality (IMM) declded to rent out...

    Tender Announcement of Vending Machines at MetroBus Stops Istanbul Metropolitan Municipality (IMM) declded to rent out spots at MetroBus stops for vending machines to meet traveler demands and increase revenue. To ensure transparency and equal treatment, a tenderwas 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...

  • Can you show the solution on the excel by showing the formulas? Tender Announcement of Vending...

    Can you show the solution on the excel by showing the formulas? 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...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT