A building contractor has a contract which will expire in 30 days. He has 80 men on the job and can finish the work in 50 days. The wage per day of 40 men is P20 and that of the other 40 men is P18 each for 8 hours of work per day. The fine or liquidated damages for the delay in work is P400 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 will have a wage of P20 each per day, will the contractor save money by employing enough men to enable him to complete the work on time or not adding men and paying the liquidated damages? How much is the saving if any? No overtime.
A building contractor has a contract which will expire in 30 days. He has 80 men on the job and can finish the work in 50 days. The wage per day of 40 men is P20 and that of the other 40 men is P18 each for 8 hours of work per day. The fine or liquidated damages for the delay in work is P400 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 will have a wage of P20 each per day, will the contractor save money by employing enough men to enable him to complete the work on time or not adding men and paying the liquidated damages? How much is the saving if any? No overtime.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A building contractor has a contract which will expire in 30 days. He has 80 men on the job and can finish the work in 50 days. The wage per day of 40 men is P20 and that of the other 40 men is P18 each for 8 hours of work per day. The fine or liquidated damages for the delay in work is P400 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 will have a wage of P20 each per day, will the contractor save money by employing enough men to enable him to complete the work on time or not adding men and paying the liquidated damages? How much is the saving if any? No overtime.
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