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You are considering adding a microbrewery on to one of your firm's existing restaurants.This will entail an increase in inventory of $8000,an increase in accounts payable of $2500,and an increase in property,plant,and equipment of $40,000.All other accounts will remain unchanged.The change in net working capital resulting from the addition of the microbrewery is:
Delphi Technique
A method for forecasting and decision-making that involves a panel of experts answering questionnaires in several rounds, with anonymous summaries of their opinions provided after each round to achieve consensus.
Nominal Group Technique
A structured method for group brainstorming that encourages contributions from everyone in the group and is used for generating and prioritizing ideas.
Assumptions
Preliminary ideas or beliefs taken as truth without verification, often used as a basis for theoretical models or planning.
Expert Estimates
The method of using knowledgeable individuals' judgments to predict outcomes, such as time or cost, in project management or planning.
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