A building constructor has a contract which will expire in 40 days. He has 80 men on the job and can finish the job in 50 days. The wage per day of 40 men is P500.00 each and that of the other 40 men is P300.00 each for 8 hours work per day. The fine or liquidated damages for delay in the work is P12,000.00 per day. How many more men should the contractor add in order to enable him to complete the work on time? Assuming that the additional men to be added will be paid P400.00 per day, will the contractor save money by employing enough men for him to complete the work on time or by not adding more men and paying the fine? How much is the savings, if any? No overtime work is permitted (upload the picture of your answers with your name and signature)
A building constructor has a contract which will expire in 40 days. He has 80 men on the job and can finish the job in 50 days. The wage per day of 40 men is P500.00 each and that of the other 40 men is P300.00 each for 8 hours work per day. The fine or liquidated damages for delay in the work is P12,000.00 per day. How many more men should the contractor add in order to enable him to complete the work on time? Assuming that the additional men to be added will be paid P400.00 per day, will the contractor save money by employing enough men for him to complete the work on time or by not adding more men and paying the fine? How much is the savings, if any? No overtime work is permitted (upload the picture of your answers with your name and signature)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:A building constructor has a contract which will expire in 40 days. He has 80 men on the job and can finish
the job in 50 days. The wage per day of 40 men is P500.00 each and that of the other 40 men is P300.00
each for 8 hours work per day. The fine or liquidated damages for delay in the work is P12,000.00 per day.
How many more men should the contractor add in order to enable him to complete the work on time?
Assuming that the additional men to be added will be paid P400.00 per day, will the contractor save money
by employing enough men for him to complete the work on time or by not adding more men and paying
the fine? How much is the savings, if any? No overtime work is permitted
(upload the picture of your answers with your name and signature)
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