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. ( 5 0 ) A contractor has 3 0 workers on the construction site for a specific task, which is behind schedule ( 2

.(50) A contractor has 30 workers on the construction site for a specific task, which is
behind schedule (2 weeks delay). They work 8 hours work and 5 days per week based on
$15 hourly salary. The liquidate damage is $2,000 per day. You should show the
calculation process to get full credits (10 points)
A contractor needs to make a decision whether the schedule should be accelerated based
on the overtime work (12 hours per day and 5 days per week) or just leave the schedule.
Overtime payment is 2 times of the base hourly salary. What is your choice based on the
expected value?
(Hint: You need to consider the overtime payment as well as the lost value on your
productivity. Then you can compare total expected lost value and total liquidate damage
for delay)

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