Using the data shown in the table,develop a trend line that can be used to predict the demand for time period number 20.What is the prediction equation and what is your forecast for period 20?
Definitions:
Payable
Refers to an amount of money that is owed and should be paid, often within a specific period of time.
Clarity
The quality of being easily understood or free from ambiguity.
Order Instrument
A negotiable instrument that is payable “to the order of an identified person” or “to an identified person or order.”
Payee
The individual or entity to whom a check, draft, or note is made payable.
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