Determine change in economic order quantity

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Reference no: EM132742023

Restaurant Burrito-King uses 60 bags of potatoes each month. The potatoes are purchased from a supplier for a price of $80 per bag and an ordering cost of $20 per order. Burrito-King's annual inventory holding cost percentage is 40%. If Burrito-King's demand for the potatoes is decreased by 20%, what will be the change in its economic order quantity?

Reference no: EM132742023

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