Assignment 2 Applying Decision-Making SkillsAs a manager part of your role is to

Assignment 2 Applying Decision-Making SkillsAs 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.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.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:Develop a 10-12 slide presentation in PowerPoint format. Apply APA standards to citation of sources. Use the following file naming convention: LastnameFirstInitial_M4_A2.ppt.By Wednesday September 25 2013 deliver your assignment to the M4: Assignment 2 Dropbox.