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The presence of phosphates in certain waste products dumped into a lake promotes the growth of algae. Rampant growth of algae affects the oxygen supply in the water, so an environmental group wishes to estimate the area of algae growth. Group members measure across the algae growth (see the Figure) and obtain the following data (in feet) .
Use Simpson's Rule to approximate the area of the algae growth and round your answer to the nearest square foot.
Safety Stock
Inventory buffer maintained to guard against supply chain variability and ensure product availability.
Reorder Point
The level of inventory which triggers an action to replenish that particular inventory stock.
Quantity Discount
A reduced price for items purchased in large quantities.
Order Quantity
The amount of an item that is ordered from a supplier to replenish inventory or to fulfill customer demand.
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