Applying Decision-Making Skills custom essay - Essayprowess: Buy Cheap Essays Online from the Best Custom Writing Service on the Web

Applying Decision-Making Skills custom essay

Applying Decision-Making Skills custom essay

Applying Decision-Making Skills custom essay

As a manager, part of your role is to develop strategy, and . 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.

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.

Existing Equipment

Original Cost 60,000

Present Book Value 30,000

Annual Cash Operating Costs 145,000

Current Market Value 15,000

Market Value in Ten Years 0

Remaining useful Life 10 years

Replacement Equipment

Cost 600,000

Annual Cash Operating Costs 50,000

Market Value in Ten Years 0

Useful Life 10 years

Other Information

Cost of Capital 10%

Payback requirement 6 years

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.

Do the following in your presentation:

Include a statement of the problem or topic, a concise analysis of the findings, and a recapitulation of any main conclusions or recommendations.

Be sure to incorporate specific details to highlight or support the summary including calculations.

Using your knowledge of capital budgeting techniques, explain how principles of capital budgeting, such as the payback method, IRR, and NPV, can be used to assess the potential projects and assist in the decision-making process.

Develop a 10-12 slide presentation in PowerPoint format. Apply APA standards to citation of sources.

Do you need high quality Custom Essay Writing Services?

In case you would like to know more of forex trading please check it out

Order now

 

How do you demonstrate decision making skills?


How can I improve my decision making skills?


What is the role of decision making skill in our daily life?
What are the 7 steps of decision making?

%d bloggers like this: