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4) [12] TRF is a small grocery store chain in the Lehigh Valley. The company is trying to decide whether to inclade a bakery section

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4) [12] TRF is a small grocery store chain in the Lehigh Valley. The company is trying to decide whether to inclade a bakery section in its stores, using pies for analysis. Baking the pies in-house would cost $100 per day and $3 per pie. Pies can be purchased for $5 each from a local bakery plus a foved transportation cost of $40. As a third alternative, pies can be purchased at $4 each from a lange regional bakery, but the transportation cost will be $65. The selling price per pie is $8. a) [6] Determine the breakeven pie sales quantity for each alternative. b) [6] If the decision is based solely on low cost, for what ranges of pie sales would each alternative be chosen

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