Describe tradeoffs between lifecycle and first cost analyses

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

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