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NOTE-Apply RIOC in the below case. Analyze the impact of different strategies to improve the ROIC of the following case: Abu Dhabi taxi company operates 30 cabs. Each cab is worth about AED 150,000. Each cab is also required to a commercial license values at AED 50,000 . Cab drivers make AED 9 per hour and are available for every time of the day (work 20 hours). The average cab is used for 30 trips per day. The average trip is five kilometers in length. Passengers have to pay AED 5 as a fixed fee and AED 2.5 per kilometer they are transported. Fuel and other costs, such as maintenance, are AED 0.75 per kilometer. Cabs run 365 days/ year and each drives 300 miles/day. Average cost per mile is AED 0.35. ROIC Tree Impact of Strategies: Optimal Strategy: NOTE-Apply RIOC in the below case. Analyze the impact of different strategies to improve the ROIC of the following case: Abu Dhabi taxi company operates 30 cabs. Each cab is worth about AED 150,000. Each cab is also required to a commercial license values at AED 50,000 . Cab drivers make AED 9 per hour and are available for every time of the day (work 20 hours). The average cab is used for 30 trips per day. The average trip is five kilometers in length. Passengers have to pay AED 5 as a fixed fee and AED 2.5 per kilometer they are transported. Fuel and other costs, such as maintenance, are AED 0.75 per kilometer. Cabs run 365 days/ year and each drives 300 miles/day. Average cost per mile is AED 0.35. ROIC Tree Impact of Strategies: Optimal Strategy

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