28 definitions of NV. Meaning of NV. What does NV stand for? NV abbreviation. Define NV at AcronymFinder.com
Confidence votes 14.2K. Based on what we think of when we hear the term vending machine today, some might be surprised to learn that vending machines have their historical roots in ancient Greece! The first known vending machine was invented by the Greek engineer and mathematician Hero of Alexandria around 215 BC.These first vending machines were located in Egyptian temples and dispensed holy water in exchange for coins.In the early 1880's in London an English publisher named Richard Carlisle made a vending machine that sold books. The first vending machine in the United States dispensed chewing gum.n the early 1880's in London an English publisher named Richard Carlisle made a vending machine that sold books. The first vending machine in the United States dispensed chewing gum.
For instance, a gumball dispensed from a candy machine may have a cost of $0.03 and be sold for $0.25. Soft drinks from a soda machine, on the other hand, might cost $0.30 and be sold for $1.00. In comparison, the gumballs have a higher profit percentage while the soda generates more actual revenue.Location is also a major factor.nnual sales for the industry are estimated at between $19 and $29 billion. The income produced by a single vending machine can vary depending on the kind of food being dispensed, and the location of the machine.