A tree nursery is comparing three shipping alternatives. The first alternative is to use a common carrier. There is no fixed cost with this alternative but the variable cost per shipment is $900. The second option is a contractual arrangement with a local carrier. For a yearly fixed charge of $6,000 the company would agree to handle shipments at a variable cost of $400 / shipment. The third alternative is to lease its own refrigerated trucks at an annual fixed cost of $21,000. The variable cost for this option is only $150 per shipment. (Hint for alternative 1, use a total cost function with just variable costs or equivalently, use 0 for fixed cost and solve problem as usual). Alternative Fixed Cost / Year Variable Cost / Shipment $900 1 0 2 $400 $6,000 $21,000 3 $150 Explain in sentence form, the volume (# shipments) ranges for which each shipping alternative will have the least total costs. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). Us Paragraph Arial V 10pt iii TE ... P. O WORDS POWERED BY TINY