Problem:
Tradeoff Analysis paper: calculate the costs of each option, then discuss other factors that are relevant for an FM deciding on the presented options.
You are a 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
o Installation period: 2 weeks
- Prepare a 900-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?
Format your paper according to APA standards