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Mal Foil the owner of Firefly Shipping has asked you to create a model to project the number of units they must be prepared to

Mal Foil the owner of Firefly Shipping has asked you to create a model to project the number of units they must be prepared to ship in the first month of the new year. Mal has supplied you with a template of what he would like to see.

Mal also has a specific set of requirements: o use a 3-month weighted average to forecast January. o see how the 3-month weighted average method would perform against historical data. o see the 3-month weighted average charted out within the model. o Mal is not sure how what weights he would like to use. Your model should allow him to adjust the weights, listed in G4-I4, and see these changes change the models output. The 3-month weighted average formula is listed below: = (11)+(22)+(33) (1+2+3) o Ft = The forecasted values (column D) o Wt-X = the weight for the prior months. For example, if Ft = April then, Wt-1 would equal to March, Wt-2 would equal February and Wt-3 would equal January. o Ut-X = the units for the prior months, similar to how the weights work.

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