Each person (this is an individual work) needs to create the database or use a database (for example, find an Excel spreadsheet) and create a model having the elements below. An exercise will be done in class to provide guidelines to the work using Excel. You should also have and explanation (which can be done in the 1st Excel worksheet) with the details and considerations of the model. The model should be a company operating from January to July of a given year. So, each value below will be monthly base. a) Revenue - your company should have a product (s) or services. Each one needs a calculation of inventory, forecasting etc. b) Price c) Quantity d) Forecast (use two techniques) e) Inventory calculation - key parameters: unit cost, holding cost, order cost (per unit). The product inventory cost is different than the price (use a defined value) f) Costs g) Profits h) Generate all relevant graphics i) Calculate averages and standard deviations j) Calculate monthly or year variations (in %) k) Explain the findings and the situation of the company l) Explain what actions, activities, next steps your company will take or is taking based on the results