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A corner store sells bags of potato chips, which it purchases from a supplier. In addition to cost of each bag, the supplier charges a
A corner store sells bags of potato chips, which it purchases from a supplier. In addition to cost of each bag, the supplier charges a fixed fee per order for shipping and other administrative costs which do not depend on order size. The corner store always uses economic order quantity (EOQ) to determine its order size. If the demand for potato chips increases by 40%, what would be the change in corner store's order quantity? Group of answer choices No change Increase by less than 40% Increase by more than 40% Increase by 40%
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