一道财务管理的案例题，英文版！100分！答得好再追加分数～
Flowton Products enjoys a steady demand for stainless steel infiltrators used in a number of chemical processes. Revenues from the infiltrator division are $50 million a year and production costs are $47.5 million. However, the 10 high-precision Munster stamping machines used in the production process are coming to the end of their useful life. One possibility is simply to replace each existing machine with a new Munster. These machines would cost $800,000 each and would not involve any additional operating costs. The alternative is to buy 10 centrally controlled Skilboro stampers. Skilboros cost $1.25 million each, but unlike the Munster they would produce a total saving in operator and material costs of $500,000 a year. Moreover, the Skilboro is sturdily built and would last 10 years, as against an estimated 7-year life for the Munster.Analysts in the infiltrator division have produced the summary table shown here, which shows the forecast total cash flows from the infiltrator business over the life of each machine. Flowton’s standard procedures for appraising capital investments involve calculating net present value, internal rate of return, and payback, and these measures are also shown in the table.As usual, Emily Balsam arrived early at Flowton’s head office. She had never regretted joining Flowton. Everything about the place, from the mirror windows to the bell fountain in the atrium, suggested a classy outfit. Ms. Balsam sighed happily and reached for the envelope at the top of her in-tray. It was an analysis from the infiltrator division of the replacement options for the stamper machines. Pinned to the paper was the summary table of cash flows and a note from the CFO, which read, “Emily, I have read through 20 pages of excruciating detail and I still don’t know which of these machines we should buy. The NPV calculation seems to indicate that the Skilboro is best, while IRR and payback suggest the opposite. Would you take a look and tell me what we should do and why.”Can you help Ms. Balsam by writing a memo to the CFO? You need to justify your solution and also to explain why some or all of the measures in the summary tables are inappropriate.
管理思想观念现代化。即要有服务观念、经济效益观念、时间与效益观念、竞争观念、知识观念、人才观念、信息观念。
管理方法现代化。即推进先进的管理方法，包括现代经营决策方法、现代理财方法、现代物资管理方法、现代企业生产管理方法等。
管理人员现代化。即努力提高企业管理人员的基本素质，实现人才知识结构现代化，使企业所有管理人员真正做到"懂技术、会管理、善经营"。
管理手段现代化。即信息传递手段现代化。
