Describe tradeoffs between lifecycle and first cost analyses

Assignment Help Other Subject

Reference no: EM13104092

Tradeoff Analysis

You are a Baderman Island facilities manager. Visitors Center roof, which is 10,000-square foot building, should be replaced. Revenue loss per week for facility being out of operation is $10,000. Your architect has given you with three options:

• Asphalt shingles
o Installation cost: $20 per square (10-foot by 10-foot area)
o Lifecycle: 20 years
o Installation period: 1 week
Tile
o Installation cost: $50 per square (10-foot by 10-foot area)
o Lifecycle: 40 years
o Installation period: 3 weeks
• Composite tile
o Installation cost: $35 per square (10-foot by 10-foot area)
o Lifecycle: 30 years

Installation period: 2 weeks

• Resource: Baderman Island Virtual Organization

• Create the 1,050- to 1,400-word paper in which you describe tradeoffs between lifecycle and first cost analyses in terms of risk and cost.

• Explain the tradeoff between lifecycle and first cost analyses for each option. Which choice is best? Why? How do reactive, planned, preventive, corrective, and predictive maintenance activities factor into your decision?

Reference no: EM13104092

Questions Cloud

Creating swot analysis : Create a SWOT analysis. Included in this report should be the company's official mission statement and how you feel the company is meeting its mission.

Probability of brain cancer : Brain cancer is a rare disease. In any year there are about 3.1 cases per 100000 od population. Suppose a small medical insurance company has 150000 people on its books.

Length of a randomly chosen call : The length of a particular telemarketing phone call has an exponential distribution with a mean equal to 1.5 minutes. Find the probability that the length of a randomly selected call will be between 30 - 50 minutes and 1 minuter or longer.

Discuss the challenges when launching new product : What are some of the challenges when launching a new product or service that you think you will face and how do you plan to overcome that?

Describe tradeoffs between lifecycle and first cost analyses : Create the 1,050- to 1,400-word paper in which you describe tradeoffs between lifecycle and first cost analyses in terms of risk and cost.

Standard deviation of the height distribution : The distribution of the height of students in a large class is roughly bell-shaped. The average height is 68 inches, and approximately 95% of the heights are between 62 and 74 inches. Thus, the standard deviation of the height distribution is appr..

Implications of reserved parking for certain members : What are the motivational implications of organizations having reserved parking for certain members? What are the pros and cons of reserved parking from an expectancy theory perspective?

Confidence interval for the mean family dental expenditures : Determine the point estimate and 95% confidence interval for the mean family dental expenses of all employees of the company.

Computing probabilities : A retail grocer has decided to market organic "health foods" and will purchase a new line of products from each of two suppliers. Unknown to the grocer

User Account

All Pages