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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 80 bags of chocolate chips each year. The chocolate chips are purchased from a supplier for a price of $80 per bag and an ordering cost of $20 per order. The bakery's annual inventory holding cost percentage is 40%. If the bakery's demand for the chip is doubled, what will be the percentage change in its economic order quantity?
41% increase
41% decrease
100% increase
100% decrease
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