Question $9$

$\frac{0}{1}$ pt

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