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PLEASE INCLUDE ALL FORMULAS USED AND AN EXAMPLE OF WHICH NUMBERS. I am trying to learn how to do this, im just a little confused.

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. Instructions: Download: Unit 06 Assignment - Firefly Shipping Model.xlsx 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 G4-14, and see these changes change the models output. The 3-month weighted average formula is listed below: Ft = (W-1*Ut-1)+(W4-2*Ut-2)+(W4-3*Ut-3) (W4-1+W+-2+Wt-3) o Ft = The forecasted values (column D) o Wax = the weight for the prior months. For example, if Fi = April then, W.-1 would equal to March, W-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. A4 fx 2017 B 1 Firefly Shipping Company - Units Moved Forecast Model E F H L M 2 3 3-Month WMA Time T-1 T-2 2 T-2 1 Weight 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 Year Month 2017 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2018 January Units 8,935 6,890 9,450 10,695 9,756 8,740 11,500 12,224 12,355 9,555 10,777 10,055 ? 3-Month WMA Unit Chart April 2017 January 18

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