{"id":123229,"date":"2018-02-20T23:50:30","date_gmt":"2018-02-20T23:50:30","guid":{"rendered":"https:\/\/writemyessayfree.com\/applying-decision-making-skills"},"modified":"2017-08-12T07:46:15","modified_gmt":"2017-08-12T07:46:15","slug":"applying-decision-making-skills","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/applying-decision-making-skills\/","title":{"rendered":"Applying Decision-Making Skills"},"content":{"rendered":"
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Applying Decision-Making Skills<\/h2>\n

Assignment 2\u2014Applying Decision-Making Skills<\/p>\n

As a manager, part of your role is to develop strategy, and share this strategy with various stakeholders within the organization. This assignment will allow you to take your findings as a manager and communicate these findings to those who are affected.<\/p>\n

Your company has been presented with a decision on replacing a piece of equipment for a new computerized version that promotes efficiency for the upcoming year. As manager you will need to decide whether or not the purchase of the new equipment is a worthwhile investment and to communicate your recommendations to Executive Management for a final decision. To be convincing, sufficient support for your recommendations must be provided in order to be considered valid and accepted.<\/p>\n\n\n\n\n\n\n\n\n\n
Existing Equipment<\/strong><\/td>\n<\/tr>\n
Original Cost<\/td>\n60,000<\/td>\n<\/tr>\n
Present Book Value<\/td>\n30,000<\/td>\n<\/tr>\n
Annual Cash Operating Costs<\/td>\n145,000<\/td>\n<\/tr>\n
Current Market Value<\/td>\n15,000<\/td>\n<\/tr>\n
Market Value in Ten Years<\/td>\n0<\/td>\n<\/tr>\n
Remaining useful Life<\/td>\n10 years<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n\n\n
Replacement Equipment<\/strong><\/td>\n<\/tr>\n
Cost<\/td>\n600,000<\/td>\n<\/tr>\n
Annual Cash Operating Costs<\/td>\n50,000<\/td>\n<\/tr>\n
Market Value in Ten Years<\/td>\n0<\/td>\n<\/tr>\n
Useful Life<\/td>\n10 years<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n\n\n\n\n\n
Other Information<\/strong><\/td>\n<\/tr>\n
Cost of Capital<\/td>\n10%<\/td>\n<\/tr>\n
Payback requirement<\/td>\n6 years<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

In this assignment, use the information above to develop a comprehensive analysis using NPV, Payback Method, and IRR to develop a recommendation on replacing the existing equipment with a new computerized version. Develop an executive summary of your findings in a Microsoft PowerPoint presentation format to present to Executive Management.<\/p>\n

Do the following in your presentation:<\/p>\n