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CASE STUDY "I'm trying to save when I purchase, and my latest ideas are even better," said. Edgar, the kitchen manager at Gesiorski's Southside Caf. "There probably aren't any secrets about reducing food cost, and we are already doing fine. What are your ideas?" asked Rene, a cook. Edgar said, "I am going to ask vendors to quote prices. Then I'll call the vendor with the second-lowest prices. I'll tell him that we will buy products from him if he lowers his prices below the lowest bid. I will know we are receiving the best price because it is lower than the lowest bid." Rene replied, "I think you are really onto something. Let me know how it works." 1. What do you think about Edgar's plan to reduce food cost? 2. What would you do if you were the vendor submitting the lowest price and found out what Edgar was doing