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A bakery uses 8 0 bags of chocolate chips each year. The chocolate chips are purchased from a supplier for a price of $ 8
A bakery uses bags of chocolate chips each year. The chocolate chips are purchased from a supplier for a price of $ per bag and an ordering cost of $ per order. The bakery's annual inventory holding cost percentage is If the bakery's demand for the chip is doubled, what will be the percentage change in its economic order quantity?
increase
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increase
decrease
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