Describe and explain the tradeoff between lifecycle and first cost analyses for each option. Which option is best? Why? How do reactive, planned, preventive, corrective, and predictive maintenance activities factor into your decision?
Tradeoff Analysis
You are the Baderman Island facilities manager. The Visitors Center roof, which is a
10,000-square foot building, must be replaced. The revenue loss per week for the facility
being out of operation is $10,000. Your architect has provided 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
• Prepare a 1,050- to 1,400-word paper in which you explain tradeoffs between
lifecycle and first cost analyses in terms of risk and cost.
• Describe and explain the tradeoff between lifecycle and first cost analyses for each
option. Which option is best? Why? How do reactive, planned, preventive, corrective,
and predictive maintenance activities factor into your decision?