The Great Eastern Shoe Company produces athletic shoes for a variety of companies. Currently, they are reexamining all of their factories' efficiencies. They are doing this on a country-by-country basis. Great Eastern has two factories in Vietnam: one in Saigon and one in Ho Chi Minh City. Economic data for the two factories are given below. Fixed Variable Selling Cost Cost Price Saigon $ 100,000 $ 10.00 $ 30 Ho Chi Minh City $ 180,000 $ 6.00 $ 30 What is the optimal range of shoe production for the Saigon factory vis--vis the Ho Chi Minh City factory?

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The optimal range of shoe production refers to the number of units a factory needs to produce to cov... View the full answer