Determine Amazon's budgeted purchases for Amazon's first (seven-day) week.

a. \(\$ 126\) million

b. \(\$ 180\) million

c. \(\$ 210\) million

d. \(\$ 54\) million 

Suppose Amazon.com sells 1 million hardback books a day at an average price of \(\$ 30\). Assume that Amazon's purchase price for the books is \(60 \%\) of the selling price it charges customers. Amazon has no beginning inventory, but for ending inventory Amazon wants to have a threeday supply. Assume that operating expenses are \(\$ 1\) million per day.