I was a contractor before I trashed my back, listen to what "trbomax" posted. The vapor retarder/barrier ALWAYS goes to the warmer/hotter side, which is facing towards the inside of your shop. You ABSOLUTELY do not want insulation trapped between two vapor barriers - at the least it will freeze in the winter, in essence turning your building into an igloo. The foil-backed insulation you mentioned has a vapor-barrier built in --- the foil. Tape the joints with foil tape or caulk them when done. Also, PLEASE check the fire rating on whatever insulation you are going to leave exposed, not covered with drywall.
The underside of the roof deck can rot when there is not enough ventilation, preferably through convection. There is a code requirement for how many free-air inches of venting area per "attic" volume, probably best to ask your building department what it is or search on the net, I'm not sure if it changes due to location.
Hope that helps!