Exam Instructions Follow the directions below to complete yo…

Exam Instructions Follow the directions below to complete your exam:        Download the Exam to access the problems. Exam 2 is attached here: 1023 Exam_2_Spring 2025 The Exam is available to open at 1:50 pm (10 minutes before class.  The Exam will close at 3:15 pm (15 minutes after class). On this exam, you may use a scientific calculator, but no phone calculators or graphing calculators.   You must show your work on all problems to receive credit.   No late work will be accepted.   The exam will take place during your class time. Questions = There are 7 free response questions. Time = 60 minutes take exam and 25 minutes to download/upload and scan pdf into Canvas Grading Criteria Grade: This counts toward your Exam Category (30%). You will receive feedback in about 1-2 weeks. Due Date: This assignment is due at the end of the allowed time. You can locate the due dates on the Course Calendar and Course Schedule. Submission Requirements The exam will be submitted online through Canvas.  To submit your written work, click on the “Choose a File” button below.  Your work must be submitted as a single PDF document consisting of several pages. Use the free mobile app Adobe Scan (CamScanner or similar app) to take a picture of each page of work (if you use more than one page). Save your pictures as a single PDF file. Make sure all your work is legible, organized and all pictures clear and right side up. Rotate pictures if necessary. How to Create a PDF Using Adobe Scan and Upload to Canvas: https://youtu.be/gwgR84Cs-Jk?si=0LCV0gmzlKdDZgTr

Russ’s Diner uses 60 bags of potatoes each month. The potato…

Russ’s Diner 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. Russ’s annual inventory holding cost percentage is 40%. If demand for the potatoes is decreased by 20%, what will be the change in its economic order quantity?