Question: Determine Amazon's budgeted purchases for Amazon's first (seven-day) week. a. ($ 126) million b. ($ 180) million c. ($ 210) million d. ($ 54) million

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.

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